25.02.202205:34 Forex Analysis & Reviews: Forecast for AUD/USD on February 25, 2022

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.

The Australian dollar closed yesterday with a black candlestick at 70 points, and this candle still has a lower shadow of 68 points. This morning the price is consolidating under the MACD indicator line of the daily scale. The Marlin Oscillator has penetrated into the zone of negative values. After a short consolidation, we are waiting for further price movement down to the target level of 0.7065. Consolidation below the level makes way for the 0.6950 target.

On the four-hour chart, the price settled below the balance and MACD indicator lines, the Marlin Oscillator is leaving the oversold zone. After the correction is completed, the oscillator will discharge and will be ready for further downward movement.

Back to the list

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.