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09.04.202504:31 Forex Analysis & Reviews: AUD/USD Forecast for April 9, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The Australian dollar's attempts to rise on Monday and Tuesday towards the target level of 0.6133 were halted (as indicated by long upper shadows), but the pair is still pursuing this goal today.

Exchange Rates 09.04.2025 analysis

The level of 0.5943 also acts as strong support, and the Marlin oscillator has turned into a corrective phase. We expect a successful attempt to reach the 0.6133 level. The price and oscillator have formed a broken bullish divergence on the four-hour chart.

Exchange Rates 09.04.2025 analysis

By the time the price approaches 0.6133, the MACD line will strongly reinforce this level. At that point, a correction or a breakout and consolidation above resistance are possible. In the event of a breakout, the next battle will unfold around the daily MACD line at 0.6173.

Laurie Bailey
Analytical expert of InstaForex
© 2007-2025

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