Although the RBA say that the Australian economy is doing fairly well & is showing growth, the New Zealanders living in Australia don’t seem to think so.
Yesterday the GDT price index fell 1.0%.
Currently my fundamental short term bias borders between neutral & bullish.
I use two different sets of indicators.
For long term I use a Stochastic Oscillator K 13; D 5; Slow 8 & MACD: Fast 8; Slow 13; MACD 1.
MACD I only use for divergence. (Weekly. Daily, H4)
Intra day & for entries, I use our standard settings
Moving averages I use 5ema, 8sma, 21ema, 34ema, 55ema & 200ema.
Pivot points I use Daily, weekly, Monthly & Yearly
Fundamentals always trump technicals