empty
25.11.2022 01:24 PM
AUDUSD Potential for Bullish Continuation | 25th November 2022

This image is no longer relevant

Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance at 0.67711 where the 61.8% Fibonacci line is. If this 1st resistance line is broken, expect the price to head towards the 2nd resistance at 0.69161, where the previous swing high is. In an alternative scenario, price could possibly head back down to retest the 1st support line at 0.65398 where the 50% Fibonacci line is.

Trading Recommendation

Entry: 0.67711

Reason for Entry: 1st resistance line break

Take Profit: 0.69161

Reason for Take Profit:

2nd resistance line & previous swing high

Stop Loss: 0.65861

Reason for Stop Loss:

Previous swing low

Dean Leo,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dean Leo
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on August 13, 2025

On Tuesday, the EUR/USD pair continued its upward movement after rebounding from the 50.0% retracement level at 1.1590. It also consolidated above the resistance zone of 1.1637–1.1645 and reached

Samir Klishi 11:56 2025-08-13 UTC+2

Forecast for GBP/USD on August 13, 2025

On the hourly chart, the GBP/USD pair on Tuesday once again rebounded from the support zone of 1.3416–1.3425 and turned in favor of the pound, subsequently consolidating above the 76.4%

Samir Klishi 11:48 2025-08-13 UTC+2

GBP/USD. Indicator Analysis on August 13, 2025

On Tuesday, the pair moved upward to the 85.4% retracement level at 1.3522 (red dotted line), then declined, closing the daily candle at 1.3495. Today, it may continue moving upward

Stefan Doll 11:45 2025-08-13 UTC+2

EUR/USD. Indicator Analysis on August 13, 2025

On Tuesday, the pair moved upward on news, reached the 1.1698 fractal (yellow dotted line), then declined, closing the daily candle at 1.1673. Today it may continue moving upward

Stefan Doll 11:38 2025-08-13 UTC+2

XAU/USD remains under pressure, although there is limited potential for strengthening. Wednesday, August 13, 2025.

[XAU/USD] – [Wednesday, August 13, 2025] XAU/USD appears to be attempting to test its nearest support level, as confirmed by the RSI (14) indicator, which is in the Neutral-Bearish area

Arief Makmur 08:25 2025-08-13 UTC+2

Despite the potential for a downward correction, the AUD/USD remains in strengthen bias condition. Wednesday, August 13, 2025.

[AUD/USD] – [Wednesday, August 13, 2025] With the AUD/USD position which have EMA(50) still above the EMA(200) level and the RSI (140) in the neutral-bullish zone, the bias for this

Arief Makmur 08:25 2025-08-13 UTC+2

EUR/USD forecast for August 13, 2025

Yesterday, the euro once again attempted to test the balance line resistance. This time, it was supported by external markets — the S&P 500 rose by 1.14% and even

Laurie Bailey 05:00 2025-08-13 UTC+2

GBP/USD forecast for August 13, 2025

Yesterday, the British pound took full advantage of the temporary weakness in the dollar, reaching the second intermediate level of 1.3525. The Marlin oscillator is rising in the territory

Laurie Bailey 05:00 2025-08-13 UTC+2

Silver forecast for August 13, 2025

Yesterday, silver gained 0.41%. The price has returned above the balance indicator line, and the Marlin oscillator, which is close to moving into the territory of an upward trend

Laurie Bailey 04:59 2025-08-13 UTC+2

Trading Signals for GOLD (XAU/USD) for August 12-15, 2025: buy above $3,341 or sell below $3,335 (21 SMA - 200 EMA)

If gold falls below 3,340, the outlook could be negative. It could then resume its downward movement, and we could expect the instrument to reach 5/8 Murray at 3,320

Dimitrios Zappas 13:34 2025-08-12 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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 InstaFintech Group 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.