{"id":67168,"date":"2022-06-16T00:37:00","date_gmt":"2022-06-15T20:37:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67168"},"modified":"2022-06-16T00:18:59","modified_gmt":"2022-06-15T20:18:59","slug":"aud-usd-in-a-short-squeeze-on-the-back-of-feds-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/aud-usd-in-a-short-squeeze-on-the-back-of-feds-decision\/06\/16\/market-updates\/","title":{"rendered":"AUD\/USD in a short squeeze on the back of Fed\u2019s decision"},"content":{"rendered":"\n<p>The AUD\/USD pair turns up mainly by bulls on the back of Fed\u2019s hawkishness. The technical analysts tend now to be bullish, at least for the near term. <br><br>The AUD\/USD pair is recovering on the back of a risk rally and relief that the Federal Reserve&#8217;s chairman, Jerome Powell, is arguing the case for less aggressive tightening. <br><br>This leads the technicals into a bullish outlook. From a daily perspective, the price is attempting to reach into the 0.7050s in a correction of the last leg of the M-formation&#8217;s bearish impulse. This aligns with a 50% mean reversion.  <br><br>The bulls have fractured a number of hourly resistances in the move out of the downtrend and are un the runnings for higher corrective highs in the coming sessions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUD\/USD pair turns up mainly by bulls on the back of Fed\u2019s hawkishness. The technical analysts tend now to be bullish, at least for the near term. The AUD\/USD pair is recovering on the back of a risk rally and relief that the Federal Reserve&#8217;s chairman, Jerome Powell, is arguing the case for less &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7063,6885,7163],"class_list":["post-67168","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-aud-usd","tag-fed","tag-jerome-powell"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=67168"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67168\/revisions"}],"predecessor-version":[{"id":67174,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67168\/revisions\/67174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31723"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}