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All Eyes On Fed

Published 08/21/2013, 05:12 AM
Updated 04/25/2018, 04:40 AM

Asian indices decline for fifth day as investors awaited details of discussions at the Federal Reserve’s last policy meeting to gauge when the central bank might pare its bond purchases. Investors fear the outing will confirm the beginning of the so0called “tapering” of Asset purchases will begin in September.
Technical Analysis
Trade Idea

AUDUSD

A 4H clear break and close below 0.9015 level could lead price to 0.8980. Alternative a break above 0.9085 targets 0.9135 level .
AUD/CAD
Disclaimer • Risk Warning
This document should not be relied upon as being an impartial or objective assessment of the subject matter and is not deemed to be “investment research” as defined by the applicable law. This document has been issued by TFI FX only for information purposes and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action.

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