{"id":156780,"date":"2019-10-03T11:45:05","date_gmt":"2019-10-03T15:45:05","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156780"},"modified":"2019-10-03T11:17:23","modified_gmt":"2019-10-03T15:17:23","slug":"audusd-analysis-trade-balance-surplus-narrowing-bearish-for-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/audusd-analysis-trade-balance-surplus-narrowing-bearish-for-audusd\/","title":{"rendered":"AUDUSD Analysis: Trade balance surplus narrowing bearish for AUDUSD"},"content":{"rendered":"
October 3, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Trade balance surplus narrowing bearish for AUDUSD<\/strong><\/p>\n

Australia\u2019s trade balance surplus narrowed in August to A5.93 billion from A6.00 billion. Will the AUDUSD<\/a> decline?<\/p><\/blockquote>\n

\"AUDUSD<\/p>\n

The price chart on 1-hour timeframe shows AUDUSD: H1 <\/b> is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. And the Stochastic oscillator is above 50 level and hasn\u2019t reached the overbought zone yet.<\/p>\n

Technical Analysis Summary<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 0.6731<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 0.6711<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Trade balance surplus narrowing bearish for AUDUSD Australia\u2019s trade balance surplus narrowed in August to A5.93 billion from A6.00 billion. Will the AUDUSD decline? The price chart on 1-hour timeframe shows AUDUSD: H1 is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. And the Stochastic oscillator […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156780","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156780"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156780\/revisions"}],"predecessor-version":[{"id":156782,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156780\/revisions\/156782"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}