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27.09.202405:18 Forex Analysis & Reviews: Forecast for AUD/USD on September 27, 2024

Rilevanza fino a 23:00 2024-09-27 UTC--4

The Australian dollar has successfully consolidated above the 0.6827 level, and the price now has little distance left to reach the target level of 0.6933. Once it surpasses this level, it could reach 0.7014, with further growth possible up to 0.7120.

Exchange Rates 27.09.2024 analysis

The Marlin oscillator has slowed its growth but may accelerate along with the price and move into the overbought zone. The weak upward angle of the MACD line determines the challenge for further growth. Likely, the price will not be able to overcome the 0.6933 level on the first attempt.

Exchange Rates 27.09.2024 analysis

On the four-hour chart, the angle of the MACD line no longer appears weak, but the price may test this line before bouncing off it to continue its growth with renewed strength. The support level is 0.6827. Marlin has entered the uptrend territory. The cautious growth continues.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2024
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