
Flexity Analysis for AUDUSD
Forecast Overall(Short-Term, Long-Term): ST=Strong Down LT=Probably Down
Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Down LT=Down
[Method1] ST=Down LT=Up
[Method2] ST=Down LT=Down
FlexityIndicator Analysis Method(0)
Here is the data structured and formatted in HTML for better readability:
AUD/USD Pair Expectations
Short-term (next few days)
Key Points | Expectations |
---|---|
Resistance Area | Test near 0.6775 before potentially continuing its fall below 0.6605 |
Moving Averages | Indicate a short-term bullish trend, but broken through the bullish channel, indicating seller pressure |
FX Option Expiries | Levels at 0.6675, 0.6730, 0.6775, and 0.6800 may influence market sentiment and price movements |
Expected short-term movement: Down
Long-term (next few weeks/months)
- Overall Outlook: Cautious due to global economic uncertainties, including the situation in the Middle East and China's economic challenges
- RBA Interest Rates: Expected to remain unchanged at 4.35%, which could influence the AUD/USD pair
- Long-term Trend: Uncertain, but a strong growth and breakout above 0.6865 would suggest continued growth towards 0.7215
Expected long-term movement: Neutral (with a slight bearish bias due to global economic uncertainties)
Please note that these expectations are based on the provided analysis and are subject to change as new data and events become available.
Result: [Method0] ST=Down LT=Down
FlexityIndicator Analysis Method(1)
Here is the reformatted text in HTML, with headers, tables, and lists to make it more readable:
AUD/USD Price Movement Forecast
Short-term Outlook (Next Few Days/Week)
The price is expected to go down. Here are the key points to consider:- The technical analysis indicates a potential continuation of the fall.
- A test of the resistance area near 0.6775 is expected, followed by a downward price rebound to the area below 0.6605.
- The pair has faced renewed selling pressure, testing the 0.6700 support level.
- A retest of the October low of 0.6699 and the September low of 0.6622 is possible.
Long-term Outlook (Month of October 2024)
The price is expected to go up slightly. Here are the key points to consider:Forecast Metric | Value |
---|---|
Starting Rate (Oct 1) | 0.644 |
Ending Rate (Oct 31) | 0.662 |
Average Rate | 0.656 |
Monthly Increase | 2.8% |
Overall Outlook
The short-term outlook is bearish, while the long-term outlook is slightly bullish. However, please note that market conditions and forecasts can change rapidly, and these conclusions are based on the provided analysis and data as of October 15, 2024.Result: [Method1] ST=Down LT=Up
FlexityIndicator Analysis Method(2)
Here is the data structured and formatted in HTML for better readability: **AUD/USD Price Movement Analysis** **Short-term (next few days to a week)**
Expected Price Movement | The price is expected to go down. |
---|---|
Reasons |
|
Key Levels |
|
Expected Price Movement | The price is expected to stay the same or go down. |
---|---|
Reasons |
|
Key Levels |
|
Result: [Method2] ST=Down LT=Down