AUDUSD 2024.10.14 15:58:06 Trading Signal BUY

FrankPro Signal for AUDUSD



Type: Screen
Signal: BUY
TP: 0.67508
SL: 0.67183
Entry Price: 0.67233



Flexity Analysis for AUDUSD



Forecast Overall(Short-Term, Long-Term): ST=Strong Down LT=Strong Up

Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Down LT=Up

[Method1] ST=Down LT=Up

[Method2] ST=Down LT=Up



FlexityIndicator Analysis Method(0)


Here is the data structured and formatted in HTML for better readability: **AUD/USD Pair Analysis** **Short-term Analysis (Next few days to a week)**
Expectation Reasoning
**Price to go down**
  • Selling pressure ahead of US NFP data may lead to bearish correction
  • Potential rebound towards resistance at 0.6825 if above 0.6700
  • Sustained break below support at 0.6700 could extend sell-off towards 0.6627
**Key Levels to Watch:** * Support: 0.6700 * Resistance: 0.6825 * Potential target: 0.6645 **Long-term Analysis (Next few weeks to months)**
Expectation Reasoning
**Price to go up**
  • Potential upward rebound and continued growth towards 0.7175
  • Breakout of resistance area and closing prices above 0.6905 would confirm rise
  • Australian employment data and RBA Meeting Minutes may provide catalyst for movement
**Key Levels to Watch:** * Resistance: 0.6905 * Target: above 0.7175 **Disclaimer:** These assessments are based on the provided analysis and are subject to change as new data and events emerge.
Result: [Method0] ST=Down LT=Up


FlexityIndicator Analysis Method(1)


Here is the data structured and formatted in HTML for better readability:

AUD/USD Price Movement Expectations

Timeframe Expected Price Movement Reasoning
Short-term (next few days to a week) Down
  • Bearish correction expected
  • Potential testing of support level near 0.6645
  • Influence of upcoming US Nonfarm Payrolls (NFP) data on Fed's interest rate cut path
  • Australian Dollar's weakness due to weak inflation expectations and potential RBA rate cut
Long-term (next few weeks to months) Up
  • Potential upward rebound and continued growth
  • Target above 0.7175 level
  • Moving averages indicating an upward trend
  • Potential recovery from current weakness

Please note: These expectations are based on the provided analysis and are subject to change as new market data and events become available.


Result: [Method1] ST=Down LT=Up


FlexityIndicator Analysis Method(2)


Here is the reformatted text in HTML, with headers, tables, and lists for better readability:

AUD/USD Pair Expectations

Short-term Expectations (next few days to a week)

Given the current consolidation above the 0.6700 support level, the pair is likely to experience a slight rebound towards resistance at 0.6825 if it remains above 0.6700.

Scenario Price Movement Target
Remains above 0.6700 Slight rebound 0.6825 (resistance)
US dollar strength Go down 0.6645 (support area)

Long-term Expectations (next few weeks to months)

The forecast suggests that the pair is expected to test the support area near 0.6645 before potentially rebounding and continuing its growth.

Scenario Price Movement Target
Rebound and growth Go up Above 0.7175
Breakout below 0.6405 Continuation of fall 0.6085

Key Factors to Consider

  • Australian economy's strong job market and stable unemployment rate
  • Upcoming economic indicators:
    • RBA Meeting Minutes
    • US Nonfarm Payrolls (NFP) data

Please note that these expectations are based on the provided analysis and are subject to change as new information becomes available.


Result: [Method2] ST=Down LT=Up


GIF