AUDUSD-priis kin in Bullish weromlûke belibje

Azeez Mustapha

Updated:

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Buyers’ momentum may increase in AUDUSD market

AUDUSD Priis Analyse - 27 mars

If buyers are determined enough to push past the $0.65 barrier, they might be able to raise the AUDUSD to about $0.66 or even $0.67.  If sellers are successful in driving the price below the $0.64 support level, the price may fall to the $0.63 and $0.62 support levels.

Key nivo's:

Fersetsnivo's: $ 0.65, $ 0.66, $ 0.67

Stypjenivo's: $ 0.64, $ 0.63, $ 0.62

AUDUSD Lange-termyn Trend: Bearish

De wearde fan AUDUSD nimt ôf, as the daily chart illustrates. On February 15, a large bullish candle developed, signaling the beginning of a bullish trend for the currency pair. The push from the bulls caused the price to rise by $0.66. Prices dropped from the previously indicated level to $0.65 as sales started to slow down.  The level of support is broken by AUDUSD. It keeps going down, getting closer to $0.64.

AUDUSD-priis kin in Bullish weromlûke belibje

When the currency pair crosses below the Hull Suite forex signals indicator, the market is considered bearish. A sell Forex sinjalen is displayed when the red histogram of the QQE MOD indicator is below the zero level. If buyers are determined enough to push past the $0.65 barrier, they might be able to raise the price to about $0.66 or even $0.67.  If sellers are successful in driving the price below the $0.64 support level, the price may fall to the $0.63 and $0.62 support levels.

AUDUSD middellange termyn Trend: Bearish

The 4-hour chart of the Australian dollar indicates a downward trend. For more than three weeks, the $0.66 barrier level limited the movement of the currency pair. The range of prices is $0.66 to $0.65. Additional bearish candles were formed, and the price began to decline below the $0.65 mark. The 4-hour candle that finished this morning was below $0.65, indicating a bearish candle on the chart. If the previously set level is surpassed, a downward trend is established.

AUDUSD-priis kin in Bullish weromlûke belibje

I think there’s a chance the AUDUSD market will reverse toward north. A bearish trend is shown by the red histogram and the QQE MOD, both of which are below zero.

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Azeez Mustapha

Azeez Mustapha is in hannelsprofessor, faluta -analyst, sinjalenstrategist, en fûnsbehearder mei mear dan tsien jier ûnderfining op finansjeel mêd. As blogger en auteur foar finânsjes helpt hy ynvestearders komplekse finansjele konsepten te begripen, har ynvestearingsfeardigens te ferbetterjen en te learen hoe't se har jild kinne behearje.

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