CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
empty
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Stay
Proceed
Open Account
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
For Traders
Analytical Reviews
Technical analysis

11.04.202216:03 Forex Analysis & Reviews: AUDUSD starts the week on a negative note.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Last week we posted an analysis on the weekly bearish candlestick pattern formed in AUDUSD. The long upper tail of the weekly candlestick combined with the rejection at a key Fibonacci retracement has provided a bearish signal. This week is very important on the medium-term trend for AUDUSD.

Exchange Rates 11.04.2022 analysis

Black lines- Fibonacci retracements

Green lines - expected path

AUDUSD has the potential to start a new downward move towards 0.70-0.66 as we explained in our last analysis. The bearish signal from last week's candlestick needs confirmation by a consecutive bearish week. So far price remains under pressure but it is still too early to call it a confirmed signal. We have four more trading sessions ahead. If AUDUSD remains under pressure and forms lower lows, we should expect price to test 0.70 over the coming weeks.

Alexandros Yfantis
Analytical expert of InstaForex
© 2007-2025
Open trading account

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.




All Analytics
Wave analysis
EUR/USD Analysis – April 1: EU Inflation Continues to Fall The wave structure on the 4-hour EUR/USD chart risks evolving into a more complex formation. On September 25 of last year, a new bearish structure began to take shape, forming
Chin Zhao
20:05 2025-04-01 +02:00
1300
Wave analysis
Analysis for GBP/USD on April 1, 2025 The wave structure for GBP/USD remains somewhat ambiguous but generally manageable. Currently, there is a high probability of a long-term bearish trend formation. Wave 5 has taken on a convincing
Chin Zhao
20:00 2025-04-01 +02:00
1225
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin

Official partners of InstaForex

The future is coming - InstaForex and Dragon Racing
The team of Formula - E
Be always the first with InstaForex Loprais Team
Official participant of the Dakar rally
Team up with us -
win with InstaForex and Zvolen!
IIHF Continental Cup winner in 2005

Trading Instruments

The best instruments for successful online Forex trading
MetaTrader Trading Platform
Charts on-line
Forex Analysis
Forex Demo Account
Trader calculator
Forex Indicators

Top analytics

Relevance up to 08:00 UTC--4
Analysis for GBP/USD on April 1, 2025
20:00 2025-04-01
Wave analysis
Relevance up to 09:00 2025-04-15 UTC--4
Trading Signals for EUR/USD for April 1-3, 2025: sell below 1.0804 (21 SMA - 8/8 Murray)
15:06 2025-04-01
Technical analysis
Relevance up to 06:00 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders on April 1st (U.S. Session)
19:55 2025-04-01
Forecast
Relevance up to 06:00 UTC--4
USD/JPY: Simple Trading Tips for Beginner Traders on April 1st (U.S. Session)
19:58 2025-04-01
Forecast
Relevance up to 07:00 2025-04-03 UTC--4
Bitcoin caught in bull trap
15:58 2025-04-01
Fundamental analysis
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Proceed
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget

Turn "Do Not Track" off

 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.