Hong Kong
2025-01-21 05:28
Industri#CurrencyPairs: AUD/USD
The AUD/USD has been noted for its negative correlation with USD/CAD, USD/CHF, and USD/JPY due to the USD being the base currency. Its movements are closely tied to commodity prices, particularly iron ore and coal from Australia.
Prediction for January 21, 2025: If commodity prices remain stable or increase, AUD/USD might see some recovery or stabilization. However, continued strength in the USD could keep this pair under pressure.
#JanuaryTradingStrategy
#YourFavoriteEATool
#ProfitingFromTradingSignals
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#CurrencyPairs: AUD/USD
Hong Kong | 2025-01-21 05:28
The AUD/USD has been noted for its negative correlation with USD/CAD, USD/CHF, and USD/JPY due to the USD being the base currency. Its movements are closely tied to commodity prices, particularly iron ore and coal from Australia.
Prediction for January 21, 2025: If commodity prices remain stable or increase, AUD/USD might see some recovery or stabilization. However, continued strength in the USD could keep this pair under pressure.
#JanuaryTradingStrategy
#YourFavoriteEATool
#ProfitingFromTradingSignals
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