empty
18.11.2024 06:23 AM
Technical Analysis of Intraday Price Movement of EUR/AUD Cross Currency Pairs, Monday November 18, 2024.

This image is no longer relevant

With the appearance of the Bearish Flag pattern followed by the appearance of a deviation between the price movement of the EUR/AUD cross currency pair with the Stochastic Oscillator indicator and the price movement is below the WMA (30 Shift 2) then in the near future EUR/AUD has the potential to weaken where if 1.6242 is successfully broken and closes below it then EUR/AUD will go to level 1.6181 if this level is successfully broken and closed below it by EUR/AUD then this cross currency pair will continue to weaken to level 1.6060 as its main target and if the momentum and volatility support then 1.5985 will be the next target to be targeted but if on its way to the target levels suddenly EUR/AUD turns around and strengthens again especially if it successfully breaks and closes above level 1.6439 then all predictions of weakening that have been described previously will be invalid and canceled by themselves.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

NZD/USD. Analysis and Forecast

Today the NZD/USD pair continues to attract buyers, though it still remains below the 0.6050 level. Oscillators across all timeframes are firmly in positive territory and far from overbought zones

Irina Yanina 12:03 2025-06-05 UTC+2

Forecast for EUR/USD on June 5, 2025

On Wednesday, the EUR/USD pair rebounded from the support zone of 1.1374–1.1380 and reversed in favor of the euro. A new upward move toward the 76.4% retracement level at 1.1454

Samir Klishi 11:22 2025-06-05 UTC+2

GBP/USD. June 5th. Labor Market Sends Negative Signals

On the hourly chart, the GBP/USD pair on Wednesday consolidated above the weak 161.8% retracement level at 1.3520. This consolidation allows for expectations of continued growth toward the next retracement

Samir Klishi 11:14 2025-06-05 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday June 05, 2025.

With the condition of the Stochastic Oscillator indicator at the Overbought level and a Divergence appears between the indicator and the Nasdaq 100 index price movement, so that

Arief Makmur 09:53 2025-06-05 UTC+2

Trading Signals for EUR/USD for June 5-9, 2025: sell below 1.1474 (21 SMA - 6/8 Murray)

The eagle indicator is showing a negative signal for the euro, suggesting a possible fall in the coming days. Therefore, our outlook remains bearish as long as the price consolidates

Dimitrios Zappas 06:38 2025-06-05 UTC+2

Trading Signals for GOLD (XAU/USD) for June 5-9, 2025: sell below $3,387 (21 SMA - 7/8 Murray)

On the other hand, if bullish strength prevails, we could expect a technical rebound around 3,355. This area has provided gold with a good rebounding point in the past

Dimitrios Zappas 06:36 2025-06-05 UTC+2

EUR/USD Forecast for June 5, 2025

After three days of struggle, the euro has broken through the 1.1420 resistance level. Now, the target at 1.1535 is open. A breakthrough above this level would allow the growth

Laurie Bailey 04:55 2025-06-05 UTC+2

GBP/USD Forecast for June 5, 2025

The British pound is climbing with such difficulty that it looks close to abandoning its plan to reach 1.3790 — the upper boundary of the price channel. The daily Marlin

Laurie Bailey 04:55 2025-06-05 UTC+2

Silver Forecast for June 5, 2025

After a strong move on June 2, the price formed a small triangular pattern over the following two days, with yesterday's candlestick closing at the opening level. This

Laurie Bailey 04:55 2025-06-05 UTC+2

GBP/JPY. Analysis and Forecast

The GBP/JPY pair continues to gain positive momentum for the second day in a row. From a technical standpoint, GBP/JPY has once again demonstrated resilience below the 200-day Simple Moving

Irina Yanina 14:05 2025-06-04 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.