Look out traders! On Thursday the 17th of June, the AUD will be printing their monthly employment report so here's what to expect... Quick Summary of Previous Report: Employment fell by 30.6k vs 17.5k expected gain Unemployment rate dropped from 5.7% to 5.5% Full-time employment increased by 33.8k, part-time employment fell by 64.4k The headline […]
6/15/2021 Buck pairs are moving hard this morning ahead of Australian employment numbers and after the US reports bad retail sales. A recent shift in sentiment in the forex market might have switched over to risk-off. European and Aussie currencies move hard ahead of US fed statements. EUR/AUD EA up .4% on the day as […]
Let's look at the news event's we've got lining up this week... (USD) Retail Sales The USD Retail Sales Report is set to Tuesday which shows the total value of sales at a retail level. Consumer spending accounts for a majority of economic activity, and therefore when citizens spend, it is a sign that people […]
Hey everyone! Welcome to this week's forex forecast for the week ending June 18th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at USDCAD, GPBNZD, EURAUD & XAUUSD. USD/CAD Continuing on from my deep dive on USDCAD here, on Friday we saw price break through the resistance at 1.214, and price […]
Hey everyone! Welcome to this week's forex forecast for the week ending June 11th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at USDCAD, EURAUD, EURCHF & XAUUSD. USDCAD Price has continued to stay within the range between 1.214 - 1.202, and we're still yet to see a break in either […]
AU Consolidates on Big News, Gold and SPX Form New Uptrends6/1/2021 AUD/USD Analysis AU hovers over the 4H trend line as the Buck keeps cash rate the same as last month's. As expected news keeps price around the same price going into the week, and the 200 SMA on this timeframe seems to be another […]
Let's look at the news event's we've got lining up this week... (AUD) RBA Rate Statement The Reserve Bank of Australia (RBA) is the central bank of Australia which is responsible for the stability of the Australian Dollar currency, full employment, and economic prosperity and welfare of the Australian people. In this rate statement, the […]
Hey everyone! Welcome to this week's forex forecast for the week ending June 4th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at EURCHF, GBPUSD, GBPAUD & XAUUSD. EURCHF Price has formed this bullish flag pattern following the break of the ascending triangle pattern. Price has been ranging for the past […]
Gold Comes Down to Support, AU Drops on Good US Employment Data5/27/2021 AUD/USD Analysis AU falls back near a rising trend line on the 4H chart after the US reports news on GDP that missed expectations. Price has resistance at 0.78028 if it were to bounce off this trend line. The pair is currently hovering […]
Hey everyone! Welcome to this week's forex forecast for the week ending May 28th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at AUDUSD, GBPAUD, EURCHF & XAUUSD. AUDUSD Price is still consolidating at the channel's bottom and just below the significant resistance at 0.78. Looking at the upcoming week, there […]
