AUDCNH SELL 4H
Hello, I am Forex Trader Andrea Russo and today I want to talk to you about an interesting strategy for the AUDCNH currency cross.
Currently, the AUDCNH exchange rate is at a value of 4.61195, and I have identified a selling opportunity based on technical and fundamental analysis. My strategy inv
OZE$ breakout on Chin.Yuan: AUDCNH. Updates here.
The AUD getting a good bounce from a very oversold AUDCNH.
Price has rally'd and has formed a Top2 on 1HR.
Look I think this is taking a bit of the wind out of the sails. I expect it to break-upwards again soon and it will short circuit this double top on 1hr.
My feeling is that the horse has
Aussie Dollar expected to fatten against the China Yuan
The Australia / China economic dependency & reliance runs almost as deep as Australia's ongoing and upbeat relationship with the USA.
Australia is where it is in only 300 years of white settlement because of its strong resources sector and China is one of its biggest consumers.
Recent stimulus
RBA minutes boost AUDCNH, but downtrend signals potential turnThe Australian dollar has enjoyed a boost today, following on from the RBA meeting minutes released overnight. While the last meeting had seen new Governor tout a remarkably similar line to her predecessor, these minutes highlighted a willingness to act again if necessary. That data dependency shoul
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.