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CFI.co于2022年颁赠
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2021年迪拜外汇博览会获颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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2021年迪拜外汇博览会获颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Shares Magazine 授予 UK Forex Awards 2018
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2017年伦敦财富管理奖
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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CFI.co于2021年颁赠
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Global Forex Awards 2021 — B2B 颁赠
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荣获Global Business Awards 2020
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World Finance Magazine 颁赠
World Finance Forex Awards 2020 -
World Finance Magazine 颁赠
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Global Forex Awards颁赠
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Global Forex Awards颁赠
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FinTech Age Awards颁发
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World Finance Magazine 颁赠
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荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
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2016年最佳黄金经纪商
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Global Brands Magazine 颁赠
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荣获2022年埃及金融博览会颁赠
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2015最佳外汇交易平台
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2015最佳金融交易平台
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2013最佳创新外汇平台奖
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2020年 Cyprus HR Awards 颁赠
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COLWMA 2024年颁赠
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荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
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荣获2023年City of London Wealth Management Awards
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荣获2022年City of London Wealth Management Awards
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CFI.co于2022年颁赠
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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2021年迪拜外汇博览会获颁赠
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Ultimate Fintech 2021年颁赠
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FX168于2020年12月颁赠
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荣获2020年City of London Wealth Management Awards
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Shares Magazine 授予 UK Forex Awards 2018
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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2016最佳本土 客户服务
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2015年最佳外汇科技提供商
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2014年最佳外汇科技提供商
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投查查于2024年颁赠
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CFI.co于2023年颁赠
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CFI.co于2023年颁赠
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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荣获Global Business Awards 2020
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World Finance Magazine 颁赠
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FinTech Age Awards颁发
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World Finance Magazine 颁赠
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2013最佳创新外汇平台奖
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认证最优金牌级别
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market analysis
【XM Forex】--AUD/USD Forex Signal: Technicals Point to Gains to 0.6600
Risk Warning:
The purpose of information release is to warn investors of risks and does not constitute any investment advice. The relevant data and information are from third parties and are for reference only. Investors are requested to verify before use and assume all risks.
Hello everyone, today XM Forex will bring you "【XM Forex】--AUD/USD Forex Signal: Technicals Point to Gains to 0.6600". I hope it will be helpful to you! The original content is as follows:
Bullish view
- Buy the AUD/USD pair and set a take-profit at 0.6600.
- Add a stop-loss at 0.6400.
- Timeline: 1-2 days.
Bearish view
- Sell the AUD/USD pair and set a take-profit at 0.6300.
- Add a stop-loss at 0.6600.
The AUD/USD exchange rate has drifted upwards in the past few weeks as the US dollar index has pulled back. It was trading at 0.6493 on Monday, a few pips below the year-to-date high of 0.6540.
The pair reacted mildly to last Friday’s nonfarm payrolls (NFP) data. According to the Bureau of Labor Statistics (BLS), the economy created 139,000 jobs in May, lower than the previous month’s 147,000. The unemployment rate remained unchanged at 4.2%.
BLS’s report was much better than the one released by ADP on Wednesday, which showed that the economy created just 37k in March. It signaled that xmcnglobal.companies were still hiring despite Donald Trump’s tariffs on imported goods.
The next key AUD/USD news will xmcnglobal.come out on Tuesday when Australia publishes the latest consumer and business confidence data. Economists expect the data to show that consumer confidence rose from 92.1 in May to 94.4 in June after the Reserve Bank of Australia (RBA) slashed interest rates by 0.25%.
The AUD/USD will then react to the US inflation data on Wednesday. Economists expect the inflation data to show that prices rose slightly in May as xmcnglobal.companies started hiking prices because of tariffs. Precisely, they expect the headline CPI rose from 2.3% in April to 2.5% in May.
A lower-than-expected inflation report will increase the odds of the Fed cutting rates in its September meeting. On the other hand, a higher figure than expected will push the bank to maintain higher interest rates for longer.
The AUD/USD pair will also react to the upcoming talks between the US and China in London. A deal between the two countries will be bullish for the Australian dollar because of the vast trade volume between the two countries.
AUD/USD technical analysis
The daily chart shows that the AUD/USD pair bottomed at 0.5914 in April and then bounced back to 0.6540. Most recently, the pair has formed an ascending channel, which is shown in black.
The pair has remained above the 50-day and 100-day Exponential Moving Averages (EMA). It has also moved between the 50% and 38.2% Fibonacci Retracement level.
Most oscillators, like the MACD and the Relative Strength Index (RSI) have all pointed upwards. Therefore, the pair will likely continue rising as bulls target the psychological point at 0.6600.
The above content is all about "【XM Forex】--AUD/USD Forex Signal: Technicals Point to Gains to 0.6600", which is carefully xmcnglobal.compiled and edited by XM Forex editor. I hope it will be helpful for your trading! Thank you for your support!
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