Forex VPS
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Forex Live Heat Map |  Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

Short AUD/USD on dismal jobs data, hawkish Fed | December 20, 2018

Print PDF

AUD/USD slumped overnight after Fed delivered a hawkish rate hike decision.

Minor recovery attempts on the day were rejected at session highs at 0.7125, the pair has resumed weakness, slips below 0.71 handle.

The unexpected rise in the Aussie unemployment rate and the drop in the full-time jobs to keep downside intact.

Technical studies are biased lower, with no major signs of reversal. Scope for test of 88.6% Fib. Further weakness on break below.

Support levels - 0.7063 (88.6% Fib), 0.7021 (Oct 26 low), 0.70

Resistance levels - 0.71, 0.7146 (5-DMA), 0.7195 ( 50-DMA ), 0.72

Good to go short on upticks, SL: 0.7150, TP: 0.7063/ 0.7025/ 0.70

Submit Your Comments:

 Forex Trading VPS


Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
ECO-01 buy now1 Core 756MB 18GB Unmetered $4.99/M$4.49/M$3.99/M $2.99/M MT4 Pre-InstalledYesFree
ECO-02 buy now 1 Core 1GB 22GB Unmetered $5.99/M$5.49/M$4.99/M $3.99/M MT4 Pre-InstalledYesFree
ECO-03buy now 2 Core 2GB 30GB Unmetered $9.99/M$9.49/M$8.99/M$7.99/M MT4 Pre-InstalledYesFree
ECO-04 buy now2 Core 3GB 32GB Unmetered $13.99/M$13.49/M$12.99/M $11.99/M MT4 Pre-InstalledYesFree
ECO-05buy now 3 Core 4GB 40GB Unmetered $17.99/M $17.49/M$16.99/M$15.99/MMT4 Pre-InstalledYesFree
ECO-06 buy now 3 Core 5GB 45GB Unmetered$21.99/M $21.49/M$20.99/M$19.99/MMT4 Pre-InstalledYesFree

***We accept Paypal, Perfect Money, Bitcoin !