Wonderful introduction:
Let me worry about the endless thoughts, tossing and turning, looking at the moon. The full moon hangs high, scattering bright lights all over the ground. zgykf.cne to think of it, the bright moon will be ruthless, thousands of years of wind and frost will be gone, and passion will grow old easily. If you have love, you should grow old with the wind. Knowing that the moon is ruthless, why do you always place your love on the bright moon?
Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market zgykf.cnmentary]: Hammer Line Foreshadows Rebound". Hope this helps you! The original content is as follows:
XM Foreign Exchange APP News - On Wednesday (October 15), the Australian dollar/US dollar reported an intraday price of 0.6519/20, an increase of 0.52%. The moving averages on the daily chart move upward, forming some support for the price, indicating that short-term bulls have the upper hand. After the Reserve Bank of Australia (RBA) released the meeting minutes and Federal Reserve Chairman Jerome Powell issued a dovish statement, the AUD/USD exchange rate first fell and then rebounded, forming a hammer K-line pattern. The exchange rate fell to a multi-month low of 0.6438, down nearly 4% from its September high. The AUD/USD exchange rate fell after the Reserve Bank of Australia released the minutes of its last meeting due to policy differences between the Federal Reserve and the Reserve Bank of Australia. At the meeting, central bank officials decided to keep interest rates unchanged at 3.6%. Reserve Bank of Australia officials said they will adhere to the principle of "data dependence" when deciding when to cut interest rates. They also pointed to recent data: the labor market is performing strongly, inflation is approaching the 2% target, and the unemployment rate is at a historically low 4%. The next key news event for AUD/USD will zgykf.cne on Thursday when the Australian Bureau of Statistics (ABS) releases its latest employment data, with economists predicting a slight rise in the unemployment rate in September. Meanwhile, Federal Reserve Chairman Jerome Powell hinted that the central bank will continue to cut interest rates and slow down its quantitative tightening policy. This policy has reduced the size of the Fed's balance sheet by trillions of dollars over the past few years. Powell emphasized that the Fed is concerned about the dual pressures of "high inflation and rising unemployment." Although the U.S. Bureau of Labor Statistics (BLS) has not released September employment data, the private sector survey released by ADP showed that the U.S. economy lost 36,000 jobs that month. The Fed is also concerned about the current government shutdown ——The longer the shutdown lasts, the greater the impact on GDP, with weekly losses expected to reach $70 billion. Polymarket polling data shows that most traders expect the shutdown to end later this month or in November.
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