Dollar Australia/Dollar KanadaPenjualan
AUD/CAD 700 Pips Bargain: AUSSIE's Plight Deteriorates Further
Diupdate
Fundamentals:
The China Factor: Australia's economy is intimately linked to trade with China.
(1) China's lack of demand for iron ore as their economy undergoes a recession.
"Disaster looming in Australian economy as iron ore demand falls" (Daily Telegraph: dailytelegraph.com.au/business/economy/disaster-looming-in-australian-economy-as-iron-ore-demand-falls/news-story/75b7221eacd50e4639b0f076b575b7b4 )
imf.org/en/Research/commodity-prices
fred.stlouisfed.org/series/PIORECRUSDM
markets.businessinsider.com/commodities/iron-ore-price
(2) Deterioration of China's economy due to a zero-covid strategy
(3) China's property sector is cooling
(4) Aussie's Housing data becomes "haunting": stockhead.com.au/news/this-horror-week-of-housing-data-will-haunt-homeowners-until-circa-2023/
Technicals:
Past support becoming future resistance
Weekly BBT
Monthly BBT
Hit Bollinger Band 2nd Deviation in a slightly ranging market with a downward slope
Medium-term trend direction is downward
dHd
The China Factor: Australia's economy is intimately linked to trade with China.
(1) China's lack of demand for iron ore as their economy undergoes a recession.
"Disaster looming in Australian economy as iron ore demand falls" (Daily Telegraph: dailytelegraph.com.au/business/economy/disaster-looming-in-australian-economy-as-iron-ore-demand-falls/news-story/75b7221eacd50e4639b0f076b575b7b4 )
imf.org/en/Research/commodity-prices
fred.stlouisfed.org/series/PIORECRUSDM
markets.businessinsider.com/commodities/iron-ore-price
(2) Deterioration of China's economy due to a zero-covid strategy
(3) China's property sector is cooling
(4) Aussie's Housing data becomes "haunting": stockhead.com.au/news/this-horror-week-of-housing-data-will-haunt-homeowners-until-circa-2023/
Technicals:
Past support becoming future resistance
Weekly BBT
Monthly BBT
Hit Bollinger Band 2nd Deviation in a slightly ranging market with a downward slope
Medium-term trend direction is downward
dHd
Catatan
VPA does not agree with the rise of AUD/CAD. This is a mispriced market. A market re-alignment is forthcoming!
Catatan
Catatan
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.