AU200 Bias Still Bullish | IFCM India
IFC Markets Online CFD Broker

AU200 Bias Still Bullish

  • IFC Markets
    2023/02/27
  • IFC Markets
    2023/02/20
  • IFC Markets
    2023/02/13
  • IFC Markets
    2023/02/06
  • IFC Markets
    2023/01/30
  • IFC Markets
    2023/01/23
  • IFC Markets
    2023/01/16
  • IFC Markets
    2023/01/09
Subscribe to our official channel to get the latest updates from IFC Markets

The AU200 price forecast in our May 20, 2020 technical analysis was bullish.

  • Market developments after AU200,D1 May 20, 2020 technical analysis indicate bullish momentum still.
  1. AU200 edged up 0.3% since May 20, 2020.
  2. Australia's private business sector contraction slowed in May.

Here is what indicators show as of May 25, 2020:

  • The Parabolic Indicator gives a bullish signal.
  • The Donchian Channel gives a neutral signal: it is flat.
  • The MACD indicator gives a bullish signal.
  • The RSI oscillator gives a neutral signal.
  • The Fractals give a bullish signal.
  • The MA(200) Indicator gives a bearish signal.
  • The Fibonacci indicator gives a bullish signal.

So the forecast remains bullish for the AU200,D1.

OrderBUY
Buy stopAbove 5618.88
Stop lossBelow 5251.56

The Commonwealth Bank Composite PMI report.

New Exclusive Analytical Tool

Any date range - from 1 day to 1 year

Any Trading Group - Forex, Stocks, Indices, etc.

 
Close support
Call to Skype Call to WhatsApp Call to telegram Call Back Call to messenger