Hey Traders,
In today’s trading session we’re monitoring AUDUSD for a potential buying opportunity around the 0.65900 zone. The pair remains in a well-defined uptrend, and the ongoing correction is guiding price back toward a key support-and-trendline confluence, where buyers have repeatedly stepped in.
On the fundamental front, USD sentiment is shifting fast.
It’s now almost certain that Kevin Hassett will become the next FED Chair.
Trump hasn’t made the announcement official, but the internal signals are clear: the decision looks essentially locked in.
And the market knows exactly what that means:
Hassett is the most dovish option on the table
He will push to lower interest rates aggressively next year
This is bearish USD, supportive for commodities, and bullish AUDUSD
With the dollar turning softer into a dovish-policy outlook, AUDUSD’s pullback into 0.65900 could offer a clean continuation setup.
Trade safe, Joe.
In today’s trading session we’re monitoring AUDUSD for a potential buying opportunity around the 0.65900 zone. The pair remains in a well-defined uptrend, and the ongoing correction is guiding price back toward a key support-and-trendline confluence, where buyers have repeatedly stepped in.
On the fundamental front, USD sentiment is shifting fast.
It’s now almost certain that Kevin Hassett will become the next FED Chair.
Trump hasn’t made the announcement official, but the internal signals are clear: the decision looks essentially locked in.
And the market knows exactly what that means:
Hassett is the most dovish option on the table
He will push to lower interest rates aggressively next year
This is bearish USD, supportive for commodities, and bullish AUDUSD
With the dollar turning softer into a dovish-policy outlook, AUDUSD’s pullback into 0.65900 could offer a clean continuation setup.
Trade safe, Joe.
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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.
Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
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.