fbAnalisi Tecnica AUDUSD | Better Australian economic data bullish for AUDUSD | IFCM Italy

Analisi Tecnica AUDUSD : 2020-07-07

Recommendation AUD/USD:

Buy
Forte Di VendereSellNEUTRALBuyForte Acquistare

Sopra 0.6997

Buy Stop

Sotto 0.6832

Stop Loss

Expert Avatar
Senior Analytical Expert
Articoli 1591
IndicatorVALUESignal
RSI NEUTRAL
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals NEUTRAL
Parabolic SAR Buy

Chart Analysis

IFC Markets Tech Analysis

On daily timeframe AUDUSD: D1 is rising above the 200-day moving average MA(200) which has leveled off. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 0.6997. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 0.6832. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analisi Fondamentale

Australia’s retail sales increase continued in May. Will the AUDUSD advance continue?

Australia’s economic data in the last couple of weeks were positive on balance: the trade surplus rose to A$8.03 billion from 7.83 billion in April, and retail sales increase continued – 16.9% in May after 16.3% in April. And consumer prices recorded an uptick after a decline in May – the Melbourne Institute (MI) inflation gauge rose 0.6% over the month in June after a 1.2% decline in May. However services sector contraction continued in June – the Australian Industry Group (AIG) service index ticked down to 31.5 from 31.6 in May. Readings below 50.0 indicate contraction. Improving data are bullish for AUDUSD.

Trading signals with a probability of 80% by Autochartist

  • Easy to use
  • Fully automatic
  • Wide range of analytics

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.