Swing Trading the Aussie Dollar | Platinum Trading Institute - PowerPoint PPT Presentation

About This Presentation
Title:

Swing Trading the Aussie Dollar | Platinum Trading Institute

Description:

It is the Aussie Dollar (AUD/USD) trade break out and that is a long-term swing trading opportunity. Learn Swing Trading at Platinum Trading Academy, UK. Visit our site: www.platinumtradinginstitute.com/ – PowerPoint PPT presentation

Number of Views:32

less

Transcript and Presenter's Notes

Title: Swing Trading the Aussie Dollar | Platinum Trading Institute


1
FOREX TRADING
  • Swing Trading the Aussie Dollar

2
Swing Trading the Aussie Dollar
  •  Swing Trading by which clients are able to
    benefit from. It is the Aussie Dollar (AUD/USD)
    trade break out and that is a long-term Swing
    Trading opportunity.

3
THE FUNDAMENTALS OF SWING TRADING
  • In this particular case, we will talk about the
    AUD/USD and that should lead us to study two
    economies
  • THE AUSTRALIAN ECONOMY
  • The Australian economy has encountered
    consistent development and appreciates low
    joblessness, contained swelling, low open
    obligation and a strong and built up budgetary
    framework. With a normal development of 3.5
    every year, by 2012, Australia had encountered
    over 20 long stretches of proceeded with
    financial extension.
  • Demand from Asia
  • Interest in assets and vitality from Asia, in
    extraordinary from China, has developed quickly,
    making a channel for assets speculations and
    development in ware trades. The high Australian
    dollar has harmed the assembling area, while the
    administration's division is the biggest piece
    of the Australian economy, representing around
    70 of GDP and 75 of occupations.

4
  •  The global financial crisis and Australia
  • Australia was for all intents and purposes not
    influenced by the worldwide money related
    emergency as the keeping money framework has
    stayed solid and expansion is under control.
  • Australia has been very supported from a sudden
    surge in its terms of exchange ongoing years,
    began from rising worldwide ware costs. The
    nation is a critical exporter of normal assets,
    vitality, nourishment and its plenteous and
    assorted common assets draw in elevated amounts
    of outside speculation including broad stores of
    coal, press, copper, gold, gaseous petrol,
    uranium and sustainable power sources.

5
Lets us show you, as an example, how the
Australian labour market has been performing in
the past few months
  • Australias Employment Change
  •                                        
  •                                   
  •                                   
  •                                     
  •                                     
  •                                     

Date Actual Forecast Previous
17/08/2017 27.9k 19.8k 38.0k
20/07/2017 14.0k 14.4k 38.0k
15/06/2017 42.0k 9.7k 46.1k
18/05/2017 37.4k 4.5k 60.0k
13/04/2017 60.9k 20.3k 2.8k
6
  • 2) THE UNITED STATES ECONOMY
  • Started 2017 with signs of a very a promising
    year for the US and for the Dollar. The overall
    picture for economic growth is well short of 4
    which was the promise Trump made as a candidate,
    but it is getting closer to the moderate goal of
    3 that he has set since taking office.
  • Trumps Election
  • Trump's decision and guarantees of huge tax
    reductions and framework spending lifted desires
    on Wall Street and among financial specialists of
    quicker development. Be that as it may, he has
    not possessed the capacity to get his financial
    plan through Congress. That implies those desires
    have been balanced.

7
  • The Dollar Index
  • The Dollar Index, which measures the estimation
    of the US Dollar in respect to a crate of outside
    monetary forms, has dropped a stunning 1000
    focuses and is exchanging at levels seen back in
    May/2016 when the genuine rally, which finished
    in the Trump Election bull run, began. The
    destiny of the US Dollar is being chosen at this
    very moment.
  • At these level, the Index is at a critical point
    and a breakout will set some momentum to the
    market which will mean money to those who know
    how, when and which market to Swing Trading.

8
THANK YOU.
  • If you are a new trader and would like to learn
    how to swing trading forex, simply sign up for
    your free workshop and begin your personal
    journey to successful swing trading and financial
    security, one step at a time.
Write a Comment
User Comments (0)
About PowerShow.com