The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation. Going into the third quarter, the latest year-on-year headline CPI for the US is 8.6% and 5.1% for Australia. The weekly AUD/USD price is on ranging near and around 200 SMA for the waiting for the direction of the bullish trend to be resumed (by crossing Fibo level at 0.7211 to above) or the primary bearish ...
If you paid attention to the previous two articles you'll notice the big issue I had is programming models that could handle more independent variables, by this I mean dynamically handle more inputs because when it comes to creating strategies we are going to deal with hundreds of data, so we want to be sure that our models can cope with this demand. ---------------- Data Science and Machine Learning (Part 01): Linear RegressionData Science and Machine Learning (Part 02): ...
I started to trade/test this EA in 6th of January 2021 with same settings but I reduced lot size from 0.1 to 0.01.
The total value of retail sales in Australia was up a seasonally adjusted 1.6 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$33.626 billion. For the first quarter of 2022, retail sales rose 1.2 percent on quarter to A$93.186 billion after jumping 7.9 percent in the three months prior. more...
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows? Daily price broke Ichioku cloud and 200 SMA/UniStepEMA for the primary bearish reversal: the price is ranging within 0.7029/0.7265 support/resistance levels waiting for direction. more...