29.10.202013:52 Forex Analysis & Reviews: AUD/USD Accelerates Its Sell-Off

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

AUD/USD is trading in the red after its failure to stay higher. Technically, it should drop deeper after the most recent rebound. The USD has taken full control as the USDX seems determined to develop a broader upside movement.

The pair should drop significantly if the USDX prints an up reversal. Better than expected US data today could boost the greenback and it could confirm a sharp drop on AUD/USD. The US Advance GDP, Unemployment Claims, Pending Home Sales, and the ECB could shake the markets later.

AUD/USD Strongly Bearish!

AUD/USD failed to retest the down channel's resistance signaling strong bears in the short-term. It has also failed to stabilize within the ascending pitchfork's body suggesting selling again.

Now, is traded below the S1 (0.7050) level and is targeting 0.7016 former low. A valid breakdown under this static support will validate further drops. Technically, the outlook will remain bearish as long AUD/USD is located within the descending channel's body.

AUD/USD Trading Tips

You can sell a valid breakdown through the 0.7016 level, the S2 (0.6966), and the S3 (0.6912) could be used as targets. The first warning line (WL1) could attract the price as well.

Actually, the short-term major downside target remains at the channel's downside line. Dropping and stabilizing under 0.7016 activates the bearish scenario.

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.