AUD/USD Price Analysis: Bears poke 0.6940 support with eyes on monthly low
22.06.2022, 00:35

AUD/USD Price Analysis: Bears poke 0.6940 support with eyes on monthly low

  • AUD/USD takes offers to renew intraday low, pares weekly gains.
  • Short-term triangle restricts immediate downside below the key SMAs.
  • Steady RSI, failures to cross moving averages keep bears hopeful.

AUD/USD holds lower ground near 0.6950, after refreshing daily lows with 0.6944, as traders jostle inside a short-term triangle during Wednesday’s Asian session.

In addition to the nearby triangle formation, steady RSI also challenges the AUD/USD pair’s immediate moves. However, failures to cross the 50-SMA and the 200-SMA join Thursday’s “death cross” to favor sellers.

That said, a clear downside break of the 0.6940 support appears necessary for the pair sellers to retake controls, after a two-day absence.

Following that, the 0.6900 round figure and the monthly low 0.6850 could gain the AUD/USD pair bear’s attention.

Meanwhile, the 50-SMA and upper line of the stated triangle, respectively around 0.6975 and 0.6985, precede the 0.7000 psychological magnet to challenge short-term AUD/USD buyers.

Even if the quote rises past 0.7000, the 200-SMA level of 0.7055 could probe the upside momentum.

It should be noted, however, that the Aussie pair’s ability to stay firmer past 0.7055 enables it to challenge the monthly peak of 0.7283.

AUD/USD: Four-hour chart

Trend: Further weakness expected

 

© 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