Mulai sekarang kamiialah Elev8

Kami lebih daripada sekadar broker. Kami adalah ekosistem dagangan serba ada—semua yang anda perlukan untuk menganalisis, berdagang, dan berkembang ada di satu tempat. Sedia untuk tingkatkan dagangan anda?

AUD/JPY intraday chart flashes warning flag

AUD/JPY could soon experience a period of short-term strength on an intraday basis to allow for some severe oversold studies to unwind.

While the 50 SMA is moving at a considerable distance below the 200 SMA on the hourly chart, the stochastic (14,3,3) threatens to change the bearish status quo. The oscillator has built a base under the 20% level for an entire session and has just emerged from oversold territory with the recent hourly close. This is a rare but not uncommon technical event warning of a potential short-term bottom.

Longer-term traders following the 4H stochastic, still under 50%, don’t necessarily need to liquidate their sell positions. Nevertheless, the 1-hour stochastic is increasingly backing the idea that it could be necessary soon.

South Korea Export Price Growth (YoY) increased to 8% in July from previous 4.9%

South Korea Export Price Growth (YoY) increased to 8% in July from previous 4.9%
Baca lagi Previous

Warning of a potential short-term bottom in AUD/JPY

Warning of a potential short-term bottom in AUD/JPY
Baca lagi Next