empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

26.02.202116:11 Forex Analysis & Reviews: AUD/USD Hot Forecast for 26 February, 2021

  • AUD/USD came under renewed bearish pressure ahead of American session.
  • AUD/USD is already losing more than 100 pips on Friday.
  • US Dollar Index continues to push higher toward 91.00 ahead of US data.

Exchange Rates 26.02.2021 analysis

Following Thursday's sharp decline, the AUD/USD pair managed to stay above 0.7800 during the European trading hours but came under strong bearish pressure in the last hour. As of writing, the pair was losing more than 100 pips, on the day at.

From a technical perspective, the Australian dollar is under heavy downside pressure against the US dollar currency after suffering a major reversal from the 0.8000 resistance level. Price is supported by an ascending trend-line from early October 2020 where AUD/USD could face some rejection and short term correction .

On the upside, support is at 0.7750 region which coincides with the mentioned trend-line and confluence with fibonacci 61.8% retracement. If AUD/USD bounce off this region, there are possibilities a correction towards 0.7900 round figure mark before the next drop.

The development of MACD indicator (bearish divergence) hints at swelling downside momentum. A daily close below the trendline is likely to drive the price back towards former support at 0.7600 round figure mark.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Jan Novotny,
Analytical expert of InstaSpot
© 2007-2024
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaSpot akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaSpot, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.