Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Exchange Rates 20.09.2019 analysis

Overview:

The downtrend of AUD/USD pair is still prominent in the In the 1-hour time frame.

The AUD/USD pair shows us the former's quick decline since yesterday. The current areas on this chart are the lowest since Decemeber 16th, 2019. High resistance of AUD/USD pair is supposedly the zone of 0.6824, while low support is less clear (0.6780 or 0.6740).

Intraday resistance level seen is at the 0.6824 price. The level of 0.6824 is coincided with the 38.2% of Fibonacci retracement areas here are based on the overall downward movement

The RSI indicator is directed downwards and the price range is extending, which indicates the continuation of the downtrend. The RSI is leaving the overbought zone having formed a sell signal.

100-Moving average is in the negative spot keeping a strong sell signal fromthe levels of 0.6824 and 0.6852.

Technical indicators on the H1 chart the AUD/USD pair generally suggest slowing downward movement.

In other words, it will be a good sign to sell below the major key of today at the level of 0.6824 with a first target at 0.6780 in order to test the daily double bottom.

If the the price of the AUD/USD pair breaks down 0.6780 and closes below it on H1, the market will indicate a bearish opportunity below 0.6780 then the trend will move the pair further downwards to 0.6700. However, the stop loss should be placed below the low reached near R1 (0.6852).

Technical Analysis

  • Resistance 3: 0.6933
  • Resistance 2: 0.6896
  • Resistance 1: 0.6852
  • Pivot Point: 0.6824
  • Support 1: 0.6780
  • Support 2: 0.6740
  • Support 3: 0.6700

Philosophy Buy-Sell in Forex

  • Buying happens in a long amount of time.
  • Selling happens in a short amount of time.
  • Buy inexpensive and sell expensive.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Mourad El Keddani,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.