empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

25.08.202308:17 Forex Analysis & Reviews: AUD/USD: support levels violated

The AUD/USD pair crashed as the Dollar Index extended its growth. It's located at 0.6406 at the time of writing far below yesterday's high of 0.6488. The downside pressure is high, so more declines could be natural. Still, after the last sell-off, the rate could come back to test and retest the immediate resistance levels before going down.

The greenback dominated the currency market after the US Unemployment Claims and Core Durable Goods Orders came in better than expected yesterday. Today, the AUD/USD pair should print sharp movements after Jerome Powell and Lagarde's speeches at the Jackson Hole Symposium.

AUD/USD Strongly Bearish!

Exchange Rates 25.08.2023 analysis

Technically, the rate rebounded within an up channel. This represents a flag formation that indicates a downside continuation. The price dropped below the uptrend line and below the 0.6408 former low.

These represented critical downside obstacles. Now, it has retested the broken uptrend line and it tries to make a new lower low.

AUD/USD Outlook!

A bearish closure below today's low of 0.6402 activates a downside continuation and is seen as a bearish signal. The median line (ml) stands as a potential downside target.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2024
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.