empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

29.10.202405:39 Forex Analysis & Reviews: Forecast for AUD/USD on October 29, 2024

Yesterday, the Australian dollar couldn't rally like European currencies due to a sharp drop in commodity prices (oil -1.18%). Investors were also unsettled by the rise to power of the Liberal National Party in Queensland (D. Crisafulli, with elections held over the weekend), which, through its policies, downplays official inflation by excluding certain compensations for gas usage and other utilities. As a result, investors believe that the Reserve Bank of Australia may begin lowering rates sooner.

Exchange Rates 29.10.2024 analysis

The Australian dollar nearly reached its target support at 0.6570. As the Marlin oscillator begins to turn upward, the price may rebound from this level into a correction. The fact that the price hasn't broken below the 0.6570 support makes rising to the first level at 0.6640 easier.

Exchange Rates 29.10.2024 analysis

On the four-hour chart, the price and oscillator have formed a convergence. The nearest signal resistance, a break of which would signal the price's determination and readiness to continue upward toward 0.6640, is the MACD line around the 0.6603 mark.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2024
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.