AUD/CAD Analysis: Current Outlook plus fundamental
Here's a simplified analysis for AUD/CAD:
Long-term view from the weekly chart indicates a bearish trend.
Mid-term perspective on the daily chart shows a broken bullish channel, replaced by a bearish one.
Considering fundamental factors:
Escalating tensions in the Middle East may increase the chance of the Beijing-Taipei conflict, potentially impacting AUD negatively.
Long-term, increased oil prices due to these middle-east tensions may favor CAD.
Given these factors, AUD/CAD is more likely to maintain a bearish trend over the long term.
Stay informed for further developments.
Best regards,
Long-term view from the weekly chart indicates a bearish trend.
Mid-term perspective on the daily chart shows a broken bullish channel, replaced by a bearish one.
Considering fundamental factors:
Escalating tensions in the Middle East may increase the chance of the Beijing-Taipei conflict, potentially impacting AUD negatively.
Long-term, increased oil prices due to these middle-east tensions may favor CAD.
Given these factors, AUD/CAD is more likely to maintain a bearish trend over the long term.
Stay informed for further developments.
Best regards,
Trade attivo
Trade chiuso: stop raggiunto
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.