简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: Bears fall
2023-01-06
1112
Fundamental analysis:
The Australian dollar remained volatile near 0.67541 against the US dollar. The rapidly spreading new crown mutant strain XBB.1.5 in the United States has landed in Australia, but virologists said that the severity of its disease has not changed; Australian house prices will fall by up to 20%. The third quarter bottomed out; Australian bond yields fell for the third consecutive day, with the 10-year Australian bond yield falling 7 basis points to 3.843%.
Australian dollar AUDUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level short-term momentum has fallen sharply, the short-term decline may continue, the market is shrouded in bearish sentiment, the MACD indicator is in the bullish area and moves down to near the 0 axis, and the RSI indicator is hovering weakly below the 50 balance line;
Long-short turning point: 0.67644
Suppression: 0.67813, 0.67982
Support: 0.67374, 0.67229
Trading strategy: bearish below 0.67644, target 0.67374, 0.67229
Alternative strategy: Bullish above 0.67644, target 0.67813, 0.67982
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
