empty
 
 
19.08.2021 05:32 AM
Forecast for AUD/USD on August 19, 2021

AUD/USD

On Wednesday, the Australian dollar successfully crossed the lower boundary of the descending price channel, and for this reason, the channel lost its significance and was canceled.

This image is no longer relevant

On the daily chart, the situation is showing a downward trend, the nearest target levels are 0.7124 (April 2004 low) and 0.7060 (February 2019 low and June 2020 high).

This image is no longer relevant

The price with the Marlin Oscillator begins to form a convergence on the four-hour chart. This is a signal for consolidation or even a small correction (due to a small convergence) before a more decisive price decline to the first target of 0.7124

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Yuriy Zaycev
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback