The risk-off sentiment in the market could persist, as China's economic situation remains uncertain despite hitting its growth target. There have been multiple instances where China's reported data lacked transparency. However, with Trump's return and the implementation of tariffs starting February 1st, China’s economy could take a hit. Naturally, the Australian dollar, as a key supplier of raw materials to China, might come under pressure.
My trading strategy is based on the main trend, which is driven by macroeconomic analysis and news events. Sometimes my swing trades extend over the long term, while other times, they play out more quickly. Let’s see how this one unfolds!
My trading strategy is based on the main trend, which is driven by macroeconomic analysis and news events. Sometimes my swing trades extend over the long term, while other times, they play out more quickly. Let’s see how this one unfolds!
Trade closed: target reached
Trump Tarif :) And this Trade Filled Tp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.