简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: shock rise
2022-12-09
1127
Fundamental analysis:
The Australian dollar remained volatile near 0.67697 against the US dollar. Australia’s goods and services trade account recorded 12.217 billion Australian dollars in October, exceeding expectations; Australia’s October exports fell by 1% month-on-month, which was lower than the expected growth of 1%; the federal government asked states to limit coal prices At A$125 a tonne, less than half the market price, it has faced strong opposition from the states.
Australian dollar AUDUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bullish momentum is rising in a stepwise manner, the short-term bullish sentiment is slowly emerging, the bullish momentum in the market is in good shape, the MACD indicator is in the bearish area and moves up to the 0 axis, and the RSI indicator is at the 50 balance line.
Long-short turning point: 0.67600
Suppression: 0.67870, 0.68020
Support: 0.67420, 0.67250
Trading strategy: Bullish above 0.67600, target 0.67870, 0.68020
Alternative strategy: bearish below 0.67600, target 0.67420, 0.67250
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
