AUD/NZD Analisi Tecnica | AUD/NZD Trading: 2020-12-14 | IFCM Italy
Logo IFCMarkets
NetTradeX for IFC Markets
Trading App
IFC Markets Online CFD Broker

AUD/NZD Analisi Tecnica - AUD/NZD Trading: 2020-12-14

AUD/NZD Technical Analysis Summary

Neutro
SellBuy
Forte Di VendereForte Acquistare

Sopra 1,065

Buy Stop

Sotto 1,041

Stop Loss

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

AUD/NZD Chart Analysis

AUD/NZD Chart Analysis

AUD/NZD Analisi Tecnica

On the daily timeframe, AUDNZD: D1 bounced off the minimum since April 2020 and surpassed the downtrend resistance line. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish move if AUDNZD rises above its latest high: 1.065. This level can be used as an entry point. We can place a stop loss below the Parabolic signal and the last lower fractal: 1.041. After opening a pending order, we can move the stop loss following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. After the transaction, the most risk-averse traders can switch to the four-hour chart and place a stop loss, moving it in the direction of the bias. If the price meets the stop loss (1.041) without activating the order (1.065), it is recommended to delete the order: some internal changes in the market have not been taken into account.

Analisi Fondamentale Forex - AUD/NZD

The Australian dollar strengthened due to marked increases in iron ore and base metals prices. Will the AUDNZD quotes continue to rise?

The upward movement means that the Australian dollar is strengthening tougher than the New Zealand dollar. The economies of the two countries are similar, but slightly more than half of Australia's exports are minerals, including ores, slags, non-ferrous and precious metals, as well as coal and LNG. The share of these goods in New Zealand's exports does not exceed 3%. Since the beginning of 2020, iron ore has risen in price by 90%. Prices for other Australian raw materials also grew significantly. This positively impacted the Australian dollar rate. The AUDNZD dynamics may be affected by the GDP of New Zealand for Q3, 2020, which will be released early in the morning on December 17. Note that Australia’s GDP fell by 3.8% annually in the 3rd quarter and grew by 3.3% quarterly.

Explore our
Trading Conditions

  • Spreads from 0.0 pip
  • 30,000+ Trading Instruments
  • Stop Out Level - Only 10%

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