Australia Rate Decision Due On Tuesdayfxcue.com

(fxcue news) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. Australia also will see November results for the surveys of business confidence and business conditions from National Australia Bank; in October, their scores were +5 and +7, respectively. China will release November numbers for imports, exports and trade balance; in October, imports were down 2.3 percent on year and exports climbed an annual 12.7 percent for a trade surplus of $95.72 billion. Indonesia will provide October data for retail sales; in September, sales were up 4.8 percent on year. Malaysia will see October numbers for industrial production; in September, production was up 2.3 percent on year. Finally, the markets in Thailand are closed on Tuesday for Constitution Day and will re-open on Wednesday.

Australia Rate Decision Due On Tuesday

Japan Stock Market May Turn Lower Again

Mild Rebound Seen For Japan Stock Markets

Dollar Rises On Strong Economic Data

Malaysia Bourse May Give Up Support At 1

TSX Slips After Hitting New High

Losing Streak May Continue For South Korea Shares

Australia Rate Decision Due On Tuesday

DAX Edges Higher On China Stimulus Optimism

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Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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Australia Rate Decision Due On Tuesday

Japan Stock Market May Turn Lower Again

Mild Rebound Seen For Japan Stock Markets

Dollar Rises On Strong Economic Data

Malaysia Bourse May Give Up Support At 1

TSX Slips After Hitting New High

Losing Streak May Continue For South Korea Shares

Australia Rate Decision Due On Tuesday

DAX Edges Higher On China Stimulus Optimism

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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