March Australian dollar (A6H26) futures
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As China’s Economy Slows, Make This 1 Commodity Trade ASAP
Yahoo Finance· 2025-11-25 15:02
Core Viewpoint - The March Australian dollar futures are presenting a selling opportunity due to ongoing price weakness, with recent trends indicating a bearish outlook [1][2]. Technical Analysis - Prices for March Australian dollar futures have been trending lower, recently hitting a five-month low. The MACD indicator shows a bearish posture, with the blue MACD line below the red trigger line, both trending downwards, indicating a near-term technical advantage for bears [1]. - A move below the support level of .6428 would signal a selling opportunity, with a downside price objective set at .6200 or lower. Technical resistance is identified at .6535, where a protective buy stop should be placed [3]. Fundamental Factors - The strength of the U.S. dollar and China's economic slowdown are negatively impacting Australian commodity exports to China, contributing to a bearish outlook for the Australian dollar. Additionally, rising unemployment and the potential for lower interest rates in Australia further weaken the currency's position [2].