Technical Analysis – AUDUSD bears take a breather after almost 2-year low



AUDUSD could not find enough buyers to overcome the 0.7050 resistance level, with the spotlight remaining to the downside as the steep negative bias is still holding.

Encouragingly, however, the RSI and the MACD continue to hold above their recent lows, while the latter has also managed to crawl back above its red signal line, providing some optimism that the bulls may not give up the battle yet.

The 0.7050 number, which overlaps with the 20-day simple moving average (SMA), could challenge any bullish attempts towards the bearish crossover within the 40- and 200-day SMAs near the 0.7265 barrier. The bottom of the Ichimoku cloud is also in the neighbourhood near the 0.7340 resistance. Hence, any breakout at this point may gather extra interest, with the price likely speeding up to 0.7457 in the aftermath.

Alternatively, an extension lower again will strengthen the case for a down-trending market, likely activating a fresh bearish wave below the almost two-year low of 0.6827. Failure to hold above that floor could cause another negative extension towards the 0.6770 restrictive region, registered in June 2020. Even lower, the market could meet the inside swing high of April 2020 at 0.6570.

In brief, AUDUSD has been developing in a descending movement since the beginning of the previous month; however, upside corrections cannot be ruled out in the near term according to the technical indicators.

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明