澳大利亞股指 技術分析 | 澳大利亞股指 交易: 2019-07-05 | IFCM
IFC Markets - 外匯交易

澳大利亞股指 技術分析 - 澳大利亞股指 交易: 2019-07-05

Improving trade surplus bullish for AU200

Trade surplus and retail sales rose in Australia. Will the AU200 stock index continue advancing?

Recent economic data from Australia were positive: Australia's retail sales rose in May and trade surplus hit record high. Retail sales rose by 0.1% in May after 0.1% decline in April, driven by stronger spending in restaurants and on household goods. Australia's trade surplus rose to a record A$5.745 billion in May following A$4.820 billion surplus in April, as exports rose by 4%, while imports rose by 1%. The increasing export was supported by rising prices for commodities as well as weaken currency as the Reserve Bank of Australia lowered interest rates. The Reserve Bank of Australia cut interest rates for the second time in as many months on Tuesday to 1.00%, down from 1.25%, adding to a cut in June. Rising trade surplus and consumer sentiment is bullish for Australia’s stock market index.

AU200 gaining above MA(200)  07/05/2019 Technical Analysis IFC Markets chart

On the daily timeframe AU200: D1 is gaining after hitting seven-month low in the end of February.

  • The Donchian channel indicates an uptrend: it is widening upward.
  • The Parabolic indicator has formed a buy signal.
  • The MACD indicator is above the signal line and the gap is widening, which is a bullish signal.
  • The RSI oscillator is rising and is reaching the overbought zone.

We believe the bullish momentum will continue after the price closes above the upper boundary of Donchian channel at 6768.61. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the lower Donchian boundary at 6605.31. After placing the order, the stop loss is to be moved every day 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 (6605.31) without reaching the order (6768.61), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Technical Analysis Summary

PositionBuy
Buy stopAbove 6768.61
Stop lossBelow 6605.31

IFCM 交易學院-外匯教育的新時代
通過你的課程:
  • 取得證書
trading academy

為客戶提供最佳的交易條件和高水準的服務

我們隨時準備為您提供全天候24小時的服務.

附注:
本文針對宣傳和教育, 是免費讀物. 文中所包含的資訊來自於公共管道. 不保障資訊的完整性和準確性. 部分文章不會更新. 所有的資訊, 包括觀點, 指數, 圖表等等僅用於介紹, 不能用於財務意見和建議. 所有的文字以及圖表不能作為交易的建議. IFC Markets及員工在任何情況下不會對讀者在閱讀文章中或之後採取的行為負責.

Close support
Call to Skype Call to QQ Call Back