AUDUSD Long Forecast | 17th March 2023
Fundamental Backdrop
1. Employment Change increased from -10.9k to 64.6k. The result was also better than the forecast of 49.7k
2. Unemployment Rate dropped from 3.7% to 3.5%. The result was also better than the forecast of 3.6%
3. We haven't seen both having good results since 17th November 2022 which saw a roughly 90 pip rise within the day.
4. The bias for AUD today is on a strong bullish side.
Technical Confluences
1. Current resistance at 0.66900
2. Next resistance at 0.67750
Idea
If price manages to close above the resistance at 0.67000, we could see price head towards the next resistance at 0.67750.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
1. Employment Change increased from -10.9k to 64.6k. The result was also better than the forecast of 49.7k
2. Unemployment Rate dropped from 3.7% to 3.5%. The result was also better than the forecast of 3.6%
3. We haven't seen both having good results since 17th November 2022 which saw a roughly 90 pip rise within the day.
4. The bias for AUD today is on a strong bullish side.
Technical Confluences
1. Current resistance at 0.66900
2. Next resistance at 0.67750
Idea
If price manages to close above the resistance at 0.67000, we could see price head towards the next resistance at 0.67750.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。