AUD - BEARISH
1️⃣ Heightened US-China tensions hit risk sentiment, following news that President Donald Trump is set to add around 80 more Chinese companies and their affiliates to the Commerce Department’s Entity List.
2️⃣ Market participants also digested news that the US FDA is expected to grant emergency use authorization for Moderna's virus vaccine on Friday after a panel of external advisers endorsed the company's vaccine candidate.
3️⃣ Negative sentiment weighing on the AUD.
CHF - BULLISH
1️⃣ The risk-off tone boosted the safe-havens like the CHF.
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Technical
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We are selling the AUDCHF below SBR + below SMA 50 on the H1 chart.
1️⃣ Heightened US-China tensions hit risk sentiment, following news that President Donald Trump is set to add around 80 more Chinese companies and their affiliates to the Commerce Department’s Entity List.
2️⃣ Market participants also digested news that the US FDA is expected to grant emergency use authorization for Moderna's virus vaccine on Friday after a panel of external advisers endorsed the company's vaccine candidate.
3️⃣ Negative sentiment weighing on the AUD.
CHF - BULLISH
1️⃣ The risk-off tone boosted the safe-havens like the CHF.
=====
Technical
=====
We are selling the AUDCHF below SBR + below SMA 50 on the H1 chart.
Trade active
Trade closed: target reached
✅ TRADE HAS HIT TP+30 PIPS
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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.