Author - skye

AUDUSD H4 Technical and Fundamental Analysis for 09.18.2024

skye2024-09-18T06:36:01+00:00

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

Upcoming economic data releases from the US and Australia are significant for understanding potential movements in the AUD/USD pair. From the US, the focus is on the Federal Funds Rate, which is expected to increase from 5.25% to 5.50%. Such a hike could strengthen the USD as higher interest rates usually attract foreign capital. Additionally, the FOMC Economic Projections and Statement will...