AUD/USD: FUNDAMENTAL ANALYSIS AND NEXT TARGET - LONG

Diupdate
The Australian AiG Services Index for November came in at 45.6. Forex traders can compare this to the Australian AiG Services Index for October, reported at 47.7.

Australian Building Approvals for October plunged by 6.0% monthly, and Private House Approvals decreased by 2.2% monthly. Economists predicted a drop of 6.0%and 2.2%. Forex traders can compare this to Australian Building Approvals for September, which collapsed by 8.1% monthly, and Private House Approvals by 7.8% monthly.

The Australian GDP for the third quarter expanded by 0.6% quarterly and 5.9% annualized. Economists predicted an increase of 0.7% and 6.2% annualized. Forex traders can compare this to the Australian GDP for the second quarter, which rose 0.9% quarterly and 3.2% annualized. Capital Expenditure for the third quarter decreased by 0.2% quarterly, the Chain Price Index rose 0.2% quarterly, and Final Consumption expanded by 0.8% quarterly. Forex traders can compare this to Capital Expenditure for the second quarter, which increased 0.5% quarterly, the Chain Price Index, which surged 4.3% quarterly, and Final Consumption, which expanded by 1.2% quarterly.

The Chinese Trade Balance for November came in at 69.84B. Economists predicted a figure of 79.05B. Forex traders can compare this to the Chinese Trade Balance for October, reported at 85.15B. Exports for November plunged by 8.7% annualized and Imports by 10.6% annualized. Economists predicted a drop of 3.6% and 5.0%. Forex traders can compare this to Exports for October, which decreased by 0.3% annualized, and Imports by 0.7% annualized.

Preliminary US Non-Farm Productivity for the third quarter is predicted to increase by 0.6% quarterly and Unit Labor Costs by 3.1% quarterly. Forex traders can compare this to US Non-Farm Productivity for the second quarter, which rose 0.3% quarterly, and Unit Labor Costs, which increased 3.5% quarterly.

US Crude Oil Inventories for the week ending December 2nd are predicted at -3.305M. Traders can compare this to US Crude Oil Inventories for the week ending November 25th, reported at -12.580M. US Gasoline Inventories for the week ending December 2nd are predicted at 2.707M, and US Distillate Stocks at 2.208M. Traders can compare this to US Gasoline Inventories for the week ending November 25th, reported at 2.769M, and US Distillate Stocks at 3.547M.

The forecast for the AUD/USD remains bullish after this currency pair paused its 500+ pips rally.
Catatan
cuplikan
audAUDUSDForexFundamental Analysisfundamentalanalsysisfundamental-analysisTechnical IndicatorssignalsignalsTrend AnalysisUSD

✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod

🔥 UP to 4000$ BONUS: forexn1.com/broker/

🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/

🟪 Instagram: instagram.com/forexn1_com/
Juga di:

Publikasi terkait

Pernyataan Penyangkalan