AUD/NZD Analisi Tecnica | AUD/NZD Trading: 2020-06-09 | IFCM Italy
IFC Markets Online CFD Broker

AUD/NZD Analisi Tecnica - AUD/NZD Trading: 2020-06-09

AUD/NZD Technical Analysis Summary

Accelerometer arrow
Forte Di VendereSellNeutroBuyForte Acquistare

Sotto 1,066

Sell Stop

Sopra 1,088

Stop Loss

Mary Wild
Mary Wild
Senior Analytical Expert
Articoli2058
IndicatorSignal
RSI Sell
MACD Sell
MA(200) Buy
Fractals Neutro
Parabolic SAR Sell
Bollinger Bands Neutro

AUD/NZD Chart Analysis

AUD/NZD Chart Analysis

AUD/NZD Analisi Tecnica

On the daily timeframe, AUDNZD: D1 is correcting down from the maximum since October 2018. The currency pair chart broke down the support line of the uptrend and the channel. A number of indicators of technical analysis formed signals for a further decrease. We do not exclude a bearish movement if AUDNZD falls below its last lower fractal and 1st Fibonacci level: 1,066. This level can be used as an entry point. We can set a stop loss above the last upper fractal, Parabolic signal and the upper Bollinger band: 1,088. After opening the pending order, we move the stop loss following the Bollinger and Parabolic signals to the next fractal minimum. Thus, we change the potential profit / loss ratio in our favor. After the transaction, the most risk-averse traders can switch to a four-hour chart and set a stop loss, moving it in the direction of the trend. If the price meets the stop level (1,088) without activating the order (1,066), it is recommended to delete the order: some internal changes in the market have not been taken into account.

Analisi Fondamentale Forex - AUD/NZD

Market participants believe that the recovery of Australia's economy after the coronavirus pandemic may be slower than that of New Zealand. Will AUDNZD quotes decrease?

The downward movement on the chart means the strengthening of the New Zealand dollar against the Australian dollar. On Monday, the authorities of New Zealand reported the absence of patients with coronavirus (which means everyone recovered there). Since June 9, almost all restrictions introduced earlier due to the spread of COVID-19 have been lifted in the country. In Australia, the situation is also under the control of the authorities, but still there are about 500 patients with coronavirus. Since mid-May, the number of new COVID-19 patients in Australia has been around 7-8 people per day. Australia's GDP in the 1st quarter of 2020 showed an increase of 1.4% in annual terms, which was the minimum since 2009. New Zealand's GDP for the 1st quarter will be released on June 18 and some investors believe that it may be better than the Australia's GDP.

Explore our
Trading Conditions

  • Spreads from 0.0 pip
  • 30,000+ Trading Instruments
  • Instant Execution

Ready to Trade?

The best trading conditions and high-level services for our clients

We are ready to assist you on any issue 24 hours a day.

Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

Close support
Call to telegram Call to WhatsApp Call Back