AUD/USD Price Analysis: Bears march towards weekly support near 0.6875
23.06.2022, 05:24

AUD/USD Price Analysis: Bears march towards weekly support near 0.6875

  • AUD/USD remains depressed around intraday low, extending the previous week’s pullback towards monthly low.
  • One-week-old trend line may offer intermediate support but the 0.6855 level is crucial for bears to watch.
  • Convergence of 50-SMA, two-week-old resistance line challenge buyers.

AUD/USD holds lower ground near 0.6890 heading into Thursday’s European session. In doing so, the Aussie pair stretches the previous day’s losses towards the one-week-old support line amid bearish MACD signals.

It’s worth noting, however, that an upward sloping trend line from May 12, near 0.6855, appears a tough nut to crack for the AUD/USD sellers.

Should the quote drop below 0.6855, the yearly low marked in May, around 0.6830, will quickly return to the charts.

Following that, the 61.8% Fibonacci Expansion (FE) level of June 03-16 moves, near the 0.6800 round figure, will challenge the AUD/USD bears.

Meanwhile, the 50-SMA and a fortnight-long resistance line together restrict the Aussie pair’s short-term recovery around 0.6950-55.

In a case where AUD/USD rises past 0.6955, the odds of witnessing an upswing towards the mid-month peak surrounding 0.7070 can’t be ruled out. During the run-up, the 0.7000 threshold may offer an intermediate halt to the bulls.

Overall, AUD/USD bears attack short-term key supports but a lack of downside room might challenge the pair’s further declines.

AUD/USD: Four-hour chart

Trend: Further downside 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