AUDUSD Forex Signal: AUD To Drop After Testing Resistance forexsignals
AdvertisementThe AUD/USD declined as fears of the Omicron variant eased. Recent reports have shown that while the Omicron variant is spreading fast, its symptoms are relatively mild. Also, data shows that the number of hospitalization and deaths have been relatively low in the past few weeks.
This is likely the reason why the Centers for Disease Control announced a new guidance on quarantine measures. The agency said that it was shortening the number of quarantine days from 10 days to five days. It also recommended that people with fading symptoms could leave their homes as long as they had masks. It argued that its reports showed that most transmission occurs early in the course of illness.
The AUD/USD pair also tilted lower after the latest US home prices numbers. While the number of home sales has jumped, prices have declined slightly in the past three straight months. The Case-Shiller National Home Price Index rose by 19.1%. This was the third straight month that prices have declined. Still, home prices have jumped substantially in the past two years, helped by low interest rates and poor supplies. The same trend has happened inThere will be no economic data from Australia. Therefore, the key data to watch will be the latest US mortgage index data. The country will also publish the latest pending home sales and wholesale inventories data. Still, the impact of these numbers to the pair will be muted.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
AUD/USD Forex Signal: Bullish on Risk-On SentimentAUDUSD Forex Signal: Bullish on Risk-On Sentiment forexsignals
Leer más »
BTC/USD Forex Signal: More Weakness Ahead of ReboundThe BTC/USD pair made a sharp reversal in the overnight session as demand for Bitcoin retreated.
Leer más »
BTC/USD Forex Signal: Bullish SequenceBTCUSD Forex Signal: Bullish Sequence forexsignals
Leer más »
The Federal Reserve Bank: A Forex Trader’s GuideThe Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here:
Leer más »
Forex Forecast: Pairs in FocusGet the Forex forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 27, 2021 here.
Leer más »
Major Forex Trading Sessions from Around the WorldThere are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here:
Leer más »