fbAUDUSD Forecast | Slowing home loans bearish for AUDUSD | IFCM

Technical Analysis AUDUSD : 2019-10-10

Slowing home loans bearish for AUDUSD

Home loans in Australia slowed in August. Will the AUDUSD decline?

AUDUSD rising above MA(200)

On 1-hour timeframe AUDUSD: H1 is declining. The 200-period moving average MA(200) is level. The stochastic indicator is falling but has not reached the oversold zone.

Technical Analysis Summary

Sell stop Below 0.6742
Stop lossAbove 0.6769

Trading signals with a probability of 80% by Autochartist

  • Easy to use
  • Fully automatic
  • Wide range of analytics

The best trading conditions and high-level services for our clients

We are ready to assist you on any issue 24 hours a day.

Note: This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.