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AUDUSD review 3-Feb

nguyen_dang_phu Posted 3 Feb.  in #Trader's blog #AUD #Forecast
Today, AUD is gain some advantage before USD. However, this is the small correct before big trend in tomorrow, RBA statement.
However, economics indicator in the recent times is mix and dont become ground for RBA's cut or increase interest rate:
Most of analyst believe Central Bank of Australia will keep up interest rate
Because of that, the strength of AUD is very short. The AUD will become lower in tommorow after RBA's statement release. However, while EUR and GBP is weaker than USD. The AUD …
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AUD review

nguyen_dang_phu Posted 22 Jan.  in #AUD #China #Fundamental #Psychology
Today, AUD gain some advantage to another currency, thanks for jumping CPI. AUDUSD increased about 80 pips after news release. The big jump show worse belief of investor on Australia dollar. One of reason why investor don't want to hold AUD is bad outlook of China's economy. tomorrow, HSBC PMI is released. If the result is good, I can see another big bull trend on AUD. However, based on my point of view, the result is worse than expected and tomorrow AUD is decreased
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