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pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

16.04.202405:13 Forex Analysis & Reviews: Forecast for AUD/USD on April 16, 2024

AUD/USD

The Australian dollar has settled below the balance and MACD indicator lines. This morning, it has moved within the range of 0.6410/80. The signal line of the Marlin oscillator has left the descending channel and is moving downwards. Now we just need to wait for the price to consolidate below 0.6410, so it has the chance to move towards the target level of 0.6273.

Exchange Rates 16.04.2024 analysis

The only thing that could disrupt this plan is if the price consolidates above the upper boundary of the range at 0.6480. On the 4-hour chart, a double convergence with the Marlin oscillator is forming. The price will have the chance to drop below 0.6410 tomorrow.

Exchange Rates 16.04.2024 analysis

Today's upbeat data from China held back the AUD/USD pair from falling. GDP for the 1st quarter grew by 1.6% (5.3% y/y), industrial production increased by 4.5% (6.1% y/y), and unemployment decreased from 5.3% to 5.2%.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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