AUD/USD Price Analysis: Prepares for an impulsive rally, 0.6400 a key hurdle
26.10.2022, 04:02

AUD/USD Price Analysis: Prepares for an impulsive rally, 0.6400 a key hurdle

  • Aussie bulls are aiming to refresh three weeks’ high above 0.6410.
  • The asset is completely out of the woods after a two-week range breakout.
  • The RSI (14) has shifted into the bullish range of 60.00-80.00.

The AUD/USD pair has displayed topsy-turvy moves in a range of 0.6372-0.6400 in the Tokyo session. The asset is hovering around intraday’s high as the US dollar index (DXY) has slipped again below the 111.00 mark.

Meanwhile, risk impulse is mixed as S&P500 futures have witnessed losses in morning trade after a three-day buying spell. The 10-year US Treasury yields have slipped further to 4.09%.

On a four-hour scale, the asset is completely out of the woods after a breakout of the consolidation formed in a two-week range of 0.6200-0.6356. The major is hovering around the immediate hurdle of 0.6411 recorded on Monday. A small consolidation near weekly highs is acting as an inventory accumulation phase before an impulsive rally.

The 20-and 50-period Exponential Moving Averages (EMAs) at 0.6343 and 0.6325 respectively are advancing, which indicates that the trend has shifted towards the north.

Also, the Relative Strength Index (RSI) (14) has shifted into the bullish range of 60.00-80.00, which indicates more gains ahead.

Going forward, a decisive break above Monday’s high at 0.6411 will strengthen the aussie bulls. This will drive the asset towards October 4 low at 0.6451, followed by October 4 high at 0.6548.

On the flip side, a downside break of Thursday’s low at 0.6229 will drag the asset toward the fresh two-year low at 0.6170 and April 2020 low at 0.5991.

AUD/USD four-hour chart

 

 

 

© 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