Forex News Trading and Currency Training Analysis Video
Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, this is an economic indicator for the Employment Changes in Australia, here’s the forecast:
9:30pm (NY Time) AU Employment Change Forecast 16K Previous 26.9K
AU Unemployment Rate Forecast 5.2% Previous 5.2%
ACTION: AUD/USD BUY 46K SELL -14K
Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, here’s the forecast:
9:30pm (NY Time) AU Employment Change Forecast 16K Previous 33.7K
ACTION: AUD/USD BUY 45K SELL -15K
Australian Employment Change release is considered as a high impact report as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. With RBA on a pause for further monetary tightening policy, if this release also surprise to the downside, it would push AUD beyond current support and we would be looking to SELL AUD/USD; however, if the release is better, we should be looking to SELL AUD/USD from the top as a longer term trade as AUD may not have enough momentum to remain strong.
9:30pm (NY Time) AU Employment Change Forecast 20.2K Previous 0.4K
ACTION: AUD/USD BUY 50K SELL -10K
We’ll be trading the Australian Employment Change release today as this news release is similar to US Nonfarm Payroll Changes, but for Australia. This release is considered as a high impact report as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. With RBA on a steady monetary tightening policy, if this release also surprise to the upside, it would be good for AUD and we would be looking to BUY AUD/USD; however, if the release is worse, we should be looking to SELL AUD/USD as AUD may not have enough momentum to remain in demand.
7:30pm (NY Time) AU Employment Change Forecast 15.3K Previous 52.7K
ACTION: AUD/USD BUY 45K SELL -15K
We’ll be focusing on the Australian Employment Change release today as this news release is similar to US Nonfarm Payroll Changes, but for Australia. This release is considered as a high impact report as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
7:30pm (NY Time) AU Employment Change Forecast 15.1K Previous 35.2K
ACTION: AUD/USD BUY 45K SELL -15K
We’ll be trading the Australian Employment Change release today as this news release is similar to US Nonfarm Payroll Changes, but for Australia. This release is considered as a high impact report as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
7:30pm (NY Time) AU Employment Change Forecast 10.2K Previous 31.2K
ACTION: AUD/USD BUY 40K SELL -20K
We’ll be looking forward to trade the Australian Employment Change release today as this news release is very similar to US Nonfarm Payroll Changes, but for Australia. This release is considered as a high impact report (and possibly trend changing) as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
7:30pm (NY Time) AU Employment Changes Forecast 5.3K Previous 24.5K
ACTION: AUD/USD BUY +40K SELL -25K
Our focus will be on the Australian Employment Changes release today as this news release is equivalent to US Nonfarm Payroll for Australia. This release is considered as a high impact report (and possibly trend changing) as the job’s market have a direct influence over the health of the economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
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