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Market Focus: AUDUSD – AUDJPY – US30 – NDX100

jeffriess
สิงหาคม 4, 2020
by Joseph Jeffriess, Market Analyst

Hi, traders, today we run over the AUDUSD, AUDJPY, US30 and we take a look at today’s action so far on the NDX100.

The AUDUSD and AUDJPY added to gains after the RBA held rates at 0.25% today. Looking at price we’re watching early signs that trend continuations are developing. We run over the price action we’re looking for to confirm this and look at points of potential support in case we see a turn from sellers.

The US30 like the AUD pairs is showing signs of a continuation after buyers rejected sellers twice last week. Today so far we’re seeing buying continue with price moving above short term resistance. The NDX100 continues it’s run hitting record highs today in the out of hours. Price making a new high of 11,103. If buyer momentum continues will we see a deeper move in the 11K handle?

 News to come:

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Today’s Market Analysis Video

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