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AUD/USD
In today's Pacific session, the Australian dollar's quote is returning below the balance indicator line on the daily chart. Although yesterday's candle was black, it closed above the balance line.
It appears that the price consolidation turned out to be a false move and, as a result, we can expect downward movement in the medium-term, at least towards the target level of 0.6410. The signal line of the Marlin oscillator has dropped from the zero line. The pair is mainly following a downtrend.
On the 4-hour chart, the price has settled below the balance line, and the Marlin oscillator has entered the downtrend territory. Visually, the decline is gaining momentum. Declines seen in commodity markets both yesterday and this morning are mounting pressure on the Australian currency.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।