Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
AUD/USD
This morning, the Australian dollar reached the target support level at 0.5943. The day opened with a downward gap, which remains unfilled for now. The Marlin oscillator is beginning to reverse out of oversold territory.
The strength of the 0.5943 and 0.6133 levels indicates that price will likely fluctuate freely within this range. However, even a breakout above 0.6133 will not guarantee a rise to 0.6273, as it will be hindered by the MACD line near the 0.6215 mark. A firm close below the lower boundary of the range will open a path to the long-term target at 0.5750.
On the H4 chart, the price is approaching an intermediate level at 0.6045 — roughly the central axis of the fluctuation zone. A breakout above this level will open the way to 0.6133.
The Marlin oscillator is showing a confident reversal, encouraging the development of a correction.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
