AUD - BULLISH
1️⃣ Investors pushed the US Dollar to fresh 31-month lows as the Federal Reserve reiterated its commitment to support the US economy, holding interest rates at record lows and promising to maintain its massive asset purchase program until it sees “substantial further progress” in employment and inflation.
2️⃣ The seasonally adjusted unemployment rate was 6.8% in November 2020, the lowest jobless rate since August, while new home sales jumped 15.2% over the same period, setting a new decade high and after a 1.3% fall a month earlier.
JPY - BEARISH
1️⃣ Tokyo reported a record high 822 new COVID-19 cases on Thursday, the Tokyo Metropolitan Government said, raising its alert for the strain on the medical system to the highest of four levels.
2️⃣ Positive risk tone could pressure the JPY.
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Technical
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We are looking to buy the AUDJPY at RBS of 78.400 + above SMA 50 on the H1 chart.
1️⃣ Investors pushed the US Dollar to fresh 31-month lows as the Federal Reserve reiterated its commitment to support the US economy, holding interest rates at record lows and promising to maintain its massive asset purchase program until it sees “substantial further progress” in employment and inflation.
2️⃣ The seasonally adjusted unemployment rate was 6.8% in November 2020, the lowest jobless rate since August, while new home sales jumped 15.2% over the same period, setting a new decade high and after a 1.3% fall a month earlier.
JPY - BEARISH
1️⃣ Tokyo reported a record high 822 new COVID-19 cases on Thursday, the Tokyo Metropolitan Government said, raising its alert for the strain on the medical system to the highest of four levels.
2️⃣ Positive risk tone could pressure the JPY.
=====
Technical
=====
We are looking to buy the AUDJPY at RBS of 78.400 + above SMA 50 on the H1 chart.
Order cancelled
DELETE PENDING ORDERPrice has reached TP first
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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.