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Daily Forex Signal


Today in asian session, we have some important news that concern AUD currency. Building Approvals m/m will be release at 9:30 am Malaysian time gmt +8 and RBA interest rate statement will be release at 12:30 pm Malaysian time gmt +8. I like to focus in this 2 news in asian session.

Base on 3 month history, Building Approvals which is released by Australian Bureau of Statistics, last month data is -0.7% compare to -7.2%. Below is data history for previous month:

australia building approval data history
Later in asian session, RBA Reserve Bank of Australia, will release interest rate statement data. Seem like market is expect RBA to cut by 0.25% to 7.00%. Below is data history for previous month:

RBA previous history1- Forex signal for aud/usd - Sold @ 0.8561
Status - Closed @ 0.8361 +200 pips

2- Forex signal for aud/jpy - Sell @ 92.26/92.83
Status - Closed @ 90.50 +176 pips +233 pips Total +409 pips.


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