Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
AUD/USD
Last Thursday, the price tested the resistance area of the target level of 0.6627 for the second time. At the moment, the price doesn't have enough strength to break through this mark for the third time.
This is shown by the Marlin oscillator on the daily timeframe, which has moved into the negative territory. In addition, the MACD line has turned downwards. Breaking through the support level of 0.6480 opens the target of 0.6410.
On the 4-hour chart, the price is falling below the balance and MACD indicator lines. The Marlin oscillator is trying to return to the growth territory. Perhaps the pair will start a corrective rise, limited by the MACD line (0.6578), but then we expect a new wave of decline with a break below 0.6480.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
