简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: slow down
2023-01-31
964
Fundamental analysis:
The Australian dollar remained volatile near 0.70613 against the U.S. dollar. The Australian government decided to provide incentives of up to A$5,000 to students and apprentices who study specific occupations. At the same time, each employer can also receive a subsidy of up to A$15,000. However, this policy will increase the disposable income of residents. income and may further push up inflation.
Australian dollar AUDUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high level fluctuated slowly in a narrow range, and the market's bearish sentiment slowly emerged. In the short term, there are signs of continued downward movement. The MACD indicator is in the bullish area to maintain a downward shock, and the RSI indicator is hovering weakly below the 50 balance line;
Long-short turning point: 0.70685
Suppression: 0.70853, 0.71011
Support: 0.72443, 0.70301
Trading strategy: bearish below 0.70685, target 0.72443, 0.70301
Alternative strategy: Bullish above 0.70685, target 0.70853, 0.71011
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
