FX.co ★ Sajidctn | AUD/USD

Heres comprehensive an analysis of AUD/USD: *Fundamental Analysis:* The Australian Dollar (AUD) is influenced by various economic factors, including: *Interest Rates:* Decisions made by the Reserve Bank of Australia (RBA) impact the AUDs value. Higher interest rates can strengthen the AUD. *Economic Data:* GDP growth, inflation rates, and employment data from Australia and the US influence the AUD/USD pairs strength. *Commodity Prices:* As a commodity-dependent economy, Australias currency is affected by changes in commodity prices, particularly iron ore and coal. *Technical Analysis:* *Trend:* The AUD/USD pairs technical rating is currently "sell", indicating a bearish trend. *Moving Averages:* The pairs moving averages show a neutral trend, with some indicators suggesting a sell signal. *Oscillators:* Oscillators are neutral, indicating no clear buy or sell signal. *Support and Resistance Levels:* Traders should monitor support levels at 0.6670 and resistance levels at 0.6870. For the latest AUD/USD forecasts, price predictions, and technical analysis, you can check out resources like Traders Union and CentralCharts. These platforms provide expert insights, chart studies, and technical indicators to help you make informed trading decisions. All our analyses are our personal vision of the direction and the expected next move, you may and may be disappointed. If my analysis matches your analysis, you can enter with a strict management of capital management and the size of the contract based on the value of your account.

MACD Indicator: The Moving Average Convergence Divergence (MACD) helps assess momentum. It involves two lines and a histogram. Bullish Signal: A MACD crossover above the Signal line especially if below the zero line and then moving up indicates increasing bullish momentum and a potential buy signal. Bearish Signal: A MACD crossover below the Signal line suggests increasing bearish momentum and a potential sell signal. Moving Averages: 50,100,200 (MA-50,100,200): The 50,100,200-periods Moving Averages (MA-50,100,200) on the H1 chart is a crucial line for defining the short-term trend. If the price is above the MA-50,100,200 the short-term trend is bullish. The MA-50,100,200 acts as a dynamic support. If the price is below the MA-50,100,200 the short-term trend is bearish, and the MA-50,100,200 acts as a dynamic resistance, meaning any rally might stall there. The indicator used in this chart : 50-day simple moving average color red : 100-day simple moving average color blue 200-day simple moving average color white: RSI indicator period 14: