AUD/USD Price Analysis: Fell on a geopolitical headline, unable to reclaim 0.7200
17.02.2022, 20:18

AUD/USD Price Analysis: Fell on a geopolitical headline, unable to reclaim 0.7200

  • The Australian dollar is up 0.69% in the week, despite the Russia/Ukraine conflict.
  • The AUD/USD needs to break above the 0.7200-0.7240 to shift the bias to neutral-upwards.
  • The AUD/USD is neutral-downwards, but upside risks remain.

On Thursday, during the New York session, the AUD/USD reached a daily high at 0.7217, followed by a drop below a four-month-old downslope trendline, sparked in part by geopolitical headlines, alongside the former, retracing under 0.7200. The AUD/USD is flat at press time, trading at 0.7193.

During the week, the AUD/USD began on the wrong foot but recovered on Tuesday, when the three-day rally commenced. On Wednesday, the upward break of the 50-DMA at 0.7169 ignited a move towards 0.7200, but AUD bulls fell short of it, stalling at the four-month-old aforementioned trendline around 0.7204.

On Thursday, AUD/USD bulls launched an attack but retreated 80-pips on a Russia/Ukraine headline and could not reclaim the 0.7200 mark.

AUD/USD Price Forecast: Technical outlook

Timeframe: Daily chart.

The AUD/USD is neutral biased, slightly tilted to the downside, facing a wall of solid resistance levels in the 0.7200-40 area. Breach of the latter would expose the January 20 daily high at 0.7257, followed by the January 13 at 0.7313.

However, the AUD/USD path of least resistance is downwards. The first support would be the 50-DMA at 0.7170. A clear break would send the pair tumbling to February 14 daily low at 0.7085, followed by the February 4 daily low at 0.7051.

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik