Mixed data bearish for AU200
Australia’s economic data of the latest week were mixed. Retail sales rose in June, trade surplus declined more than expected, business confidence rose in August while remaining very weak, though consumer confidence improved. Thus, retail sales rose 3.2% over month in July after 2.7% growth in June, the Melbourne Institute and Westpac Bank Consumer Sentiment Index for Australia rose 18% over month to 93.8 in September after a 9.5% fall a month earlier. At the same time business confidence remained fragile despite a National Australia Bank index’s increase to -8 in August from -14 in the previous month. And the trade surplus declined to A$4.6 billion in July from A$8.1 billion in June when a decline to A$5 billion was forecast. Mixed Australian economic data are bearish for AU200.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Sell | |
| Fibonacci | Neutral |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 5815.27 |
| Stop loss | Above 6123.13 |
Market Analysis provided by IFCMarkets.com
- Trump signals de-escalation in the Middle East; China’s trade surplus hits a new record Mar 10, 2026
- EUR/USD in Turbulence: Market Questions When Conflict Over Iran Will End Mar 10, 2026
- Prices push oil above $100 per barrel Mar 9, 2026
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
- COT Bonds Charts: Speculator Bets led by 10-Year Bonds & Fed Funds Mar 7, 2026
- COT Energy Charts: Speculator Bets led by Brent Oil & Heating Oil Mar 7, 2026
- COT Soft Commodities Charts: Speculator Bets led by Corn & Soybean Meal Mar 7, 2026
- Investors run to safe-haven assets amid Middle East escalation Mar 6, 2026
- EUR/USD Under Pressure: Middle East Risks Outweigh All Else Mar 6, 2026
- Bitcoin shows resilience to Middle East events. Oil market stabilizes Mar 5, 2026
