Technical Analytics Report

AUD/USD, H4

The uptrend persists on the 4 hours chart. The instrument is trading between the middle line and the upper border of Bollinger bands. There is a downward correction observed. The indicator cloud is narrowing; the formation of a sideways trend is likely in the short term. The MACD histogram is in the positive area, maintaining a signal to open buy positions. Stochastic is in the neutral zone, the oscillator lines are reversing upwards from the border with the oversold zone.

AUD/USD, D1

The uptrend persists on the daily chart. The instrument returned to growth after a short-term correction and is trading in the area of the upper border of Bollinger bands. The indicator’s cloud is expanding; the upward dynamics are likely to remain in the medium term. The MACD histogram is in the positive area, maintaining stable volumes and a steady signal to open long positions. Stochastic demonstrates a wave-like movement along the border of the overbought zone, without forming a definite signal to enter the market.
Key levels

Support levels: 0.7700, 0.7670, 0.7650, 0.7600.

Resistance levels: 0.7740, 0.7800.

Trading tips

Long positions may be opened from the current level with the target at 0.7760 and stop loss 0.7700. Implementation period: 1–3 days.

Short positions may be opened from the level of 0.7650 with the target at 0.7600. Stop loss is 0.7680.
Scenario: Timeframe Day’s Range
✅Recommendations BUY

Entry Point 0.7720
Take Profit 0.7760
Stop Loss 0.7700

Support levels 0.7600, 0.7650, 0.7670, 0. 7700, 0.7740, 0.7800


Alternative scenario

✅Recommendations SELL STOP

Entry Point 0.7650
Take Profit 0.7600
Stop Loss 0.7680

Support levels 0.7600, 0.7650, 0.7670, 0. 7700, 0.7740, 0.7800

 

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