How To Make Money Today: AUD/USD Daily Market Analysis and Forex Trading Signals 5 April 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

whatsapp forex signals tresorfx

Looking for perfect daily analysis and/or a managed investment account with the world's biggest brokers and make stable 30% - 50% Return on Investment weekly?

Text us now on WhatsApp for more information! We are online waiting for you! 

AUD/USD:

On the H4 timeframe, prices are approaching a pivot. We see the potential for a dip from our 1st resistance at 0.75370 which is an area of Fibonacci confluences towards our 1st support at 0.74264 in line with 38.2% Fibonacci retracement. Our bearish bias is supported by RSI being on bearish momentum.

Areas of consideration 

  • H4 1st resistance at 0.75370
  • H4 1st support at 0.74264
audusd analysis

AUD/USD shoots towards 0.7600 as RBA keeps interest rate at 0.1%

  • On the back of the RBA’s maintained monetary policy, the AUD/USD has risen to about 0.7580.
  • In the face of a weak labour market, the RBA was anticipated to maintain the status quo.
  • In recent months, the Australian dollar has been a strong performer due to rising commodity prices.

The AUD/USD pair has risen sharply at 0.7580 after the Reserve Bank of Australia (RBA) maintained its 0.1 percent interest rate. The asset was stabilising in a tight range of 0.7536-0.7548 in the early Asian session.

The RBA was widely anticipated to maintain its current monetary policy while adopting a less dovish approach, given that global inflation is rising faster than the pace of GDP, owing to the Ukraine situation. To limit soaring inflation, RBA Chair Philip Lowe said in March’s monetary policy that the market should expect a maximum of a 10 basis point (bps) interest rate rise this year. The RBA policymakers do not believe there is enough pricing pressure to force the central bank to raise interest rates. Furthermore, the lacklustre labour market precludes any necessity to raise borrowing rates very soon.

In recent trading sessions, the antipodean has performed well versus the greenback, owing to increased commodity prices. Australia, as a significant supplier of food, iron ore, energy, and other base metals, has benefited from increased inflows as commodity prices have risen.

Meanwhile, the US dollar index (DXY) has above the highlighted resistance level of 99.00, owing to the lingering effects of the positive labour market in the United States. Investors have brushed over weaker US nonfarm payrolls, despite the fact that the unemployment rate has fallen. The unemployment rate in the United States fell to 3.6 percent, lower than the market estimate of 3.7 percent and the previous number of 3.8 percent, raising the likelihood of a Federal Reserve interest rate rise of 50 basis points (bps) (Fed).

AUD/USD

OVERVIEW
Today last price0.7538
Today Daily Change-0.0005
Today Daily Change %-0.07
Today daily open0.7543
TRENDS
Daily SMA200.7406
Daily SMA500.7269
Daily SMA1000.7228
Daily SMA2000.7298
LEVELS
Previous Daily High0.7557
Previous Daily Low0.7482
Previous Weekly High0.7541
Previous Weekly Low0.7455
Previous Monthly High0.7541
Previous Monthly Low0.7165
Daily Fibonacci 38.2%0.7528
Daily Fibonacci 61.8%0.7511
Daily Pivot Point S10.7498
Daily Pivot Point S20.7452
Daily Pivot Point S30.7423
Daily Pivot Point R10.7573
Daily Pivot Point R20.7602
Daily Pivot Point R30.7648

[geoswitch_country]'s wealthiest traders share their secret trading strategy in the Extreme FX Wealth eBook. Register now and download! 

0.0 pips spreads | 500:1 leverage

Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)

[maxbutton id="18" url="https://tinyurl.com/bigroifx" text="Open Demo Account" ] [maxbutton id="17" url="https://tinyurl.com/bigroifx" text="Open Live Account" ]


This is how you can make €1000 income daily!

 

 

Register bellow and we will tell you how to do it (or we will do it for you.. for a small fee)



FOR DAILY SIGNALS, TECHNICAL VIEWS, MANAGED ACCOUNTS and other services with GUARANTEED PERFORMACE, simply text us on WhatsApp to get more info!

Click here to send a dircet text to us!

WhatsApp number: +447747535495


Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)

[maxbutton id="18" ] [maxbutton id="17" ]

Open an Account NOW

and gain access to the Premium Daily Signals, made by certified CFA traders with guaranteed minimum profit of 50 pips per trade (5 - 10 premium signals daily)

MAKE MORE MONEY


ENJOY YOUR LIFE! LEAVE THE TRADING TO US!

Text us for more info about our managed trading accounts!


 

Shares: