简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: High level rollback
2022-11-10
1197
Fundamental analysis:
The Australian dollar remained volatile against the US dollar at 0.64267. The People's Bank of China issued a financing plan to support private corporate bonds. The price of iron ore rose, the iron ore futures of Dashangju rose by more than 2%, the yield of Australian government bonds fell, and the yield of 10-year government bonds dropped by 17.5 basis points to 3.88%.
AUDUSD AUDUSD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the momentum of high short positions continues to decline, and the short-term decline may continue. Short positions emerge in the market. MACD indicators remain in the long areas, and the RSI indicators remain in the weak areas below the 50 equilibrium line;
Empty turning point: 0.64407
Pressing: 0.64655, 0.64884
Support: 0.64006, 0.63802
Trading strategy: 0.64407 lower bearish, target 0.64006, 0.63802
Alternative strategy: bullish above 0.64407, target 0.64655, 0.64884
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
