1 (edited by Andifx 2022-07-26 16:43:26)

Topic: superforex-www.superforex.com

Forex Technical Analysis - AUD/USD

Today we will discuss the analysis of AUD/USD, see the full video below.


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[CENTER]SuperForex Mobile App

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Technical recession for U.S. economy – July 2022 Overview


A technical recession is on its way in the United States, according to the GDP declining for two quarters straight. The dollar is under pressure after a 75-point rate hike on July 27.

The EU's economic health deteriorated rapidly, with the Euro reaching parity against the dollar in July. The general economic sentiment in Germany fell from 7 to 3.5 points in July, with inflation at its highest.

Despite this, oil fell below $100 in July, but gas costs in Europe are presently more than $2,000 as a result of shortages in supply; The prospects for price hikes are extremely good as we get closer to the resource peak season

Musk's acquisition of Twitter fell through. Elon Musk and the social media owners are set to face off in court over his refusal to accept the purchase offer.

Philips shares are at their lowest level in 9 years as a result of declining revenues. The shares have already shed 46% of their value for the year.