Flexity Analysis for AUDUSD

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

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

[Method1] ST=Up LT=Down

[Method2] ST=Up. LT=Down.

FlexityIndicator Analysis Method(0)

Here is the reformatted data in HTML, with headers, tables, and lists to make it more readable: **Short-term Analysis (next 1-3 days)**

Short-term Analysis

The market is trying to form a base, and there's a possibility of a rebound from the resistance line on the RSI or the upper border of the bearish channel (Article 2).

Key Levels to Watch

Level	Description
0.6775	Break above this level would set a target of 0.6827 (Article 4)
0.67	Support level, break below this level would trigger a sell signal (Article 3)
0.678	Sell signal indicated on growth to this level (Article 3)
0.6825	Sell signal indicated on growth to this level (Article 3)

Short-term Prediction

The price is expected to stay the same or slightly go up, as the market is trying to form a base and there's a possibility of a rebound. However, there's also a risk of a decline if the support at 0.67 is broken.

**Long-term Analysis (next 1-3 weeks)**

Long-term Analysis

The AUD/USD pair has formed a bearish Tweezer Top on the weekly chart, indicating a potential reversal (Article 5).

Key Levels to Watch

Level	Description
0.6701	Break below this level would provide bearish confirmation (Article 5)
0.6400	Target level for a deeper sell-off (Article 5)

Long-term Prediction

The price is expected to go down, as the bearish Tweezer Top on the weekly chart indicates a potential reversal, and a break below 0.6701 would provide bearish confirmation. Additionally, the RBA's decision to maintain a high cash rate is expected to lead to a decline in the AUD/USD pair.

Result: [Method0] ST=Up LT=Down

FlexityIndicator Analysis Method(1)

Here is the reformatted data in HTML, with headers, tables, lists, and improved readability: **AUD/USD Currency Pair Analysis** **Short-term Analysis (October 11, 2024 - October 18, 2024)** ### Trend and Levels * **Trend:** The AUD/USD is currently in a correction and bullish channel, indicating a potential rise in the currency pair. * **Resistance and Support Levels:**

Level	Value	Description
Resistance	0.6865	Strong growth above this level
Support	0.6744	Breach of this level hints at a potential rise

### Indicators and Forecasts * **Indicators:** + RSI: rebound from the resistance line and the upper border of the bearish channel + Daily balance indicator: testing the resistance level at 0.6775 * **Forecasts:** +

Economies.com: potential rise in the currency pair
FOREX24.PRO: continued growth above 0.7205
ForexMart: break above 0.6775 would set a target of 0.6827

### Expected Price Movement Based on the short-term analysis, the price is expected to **go up** in the short term, with a potential target of 0.6865 or higher, depending on the strength of the buyers and the US NFP data. **Long-term Analysis (October 2024 - December 2024)** ### Trend and Levels * **Trend:** The AUD/USD is expected to decline due to the strength of the US labor market and China's lack of fiscal stimulus. * **Resistance and Support Levels:**

Level	Value	Description
Resistance	0.7205	Continued growth above this level
Support	0.6744	Breach of this level hints at a potential rise

### Indicators and Forecasts * **Indicators:** + RBA decisions: easing monetary policy, but key rate remains at 4.35% + US NFP data: significantly influences the Fed's interest rate cut path * **Forecasts:** +

LiteFinance: AUDUSD's decline due to US labor market strength and China's lack of fiscal stimulus

### Expected Price Movement Based on the long-term analysis, the price is expected to **go down** in the long term, with a potential target of 0.6744 or lower, depending on the strength of the US labor market and China's fiscal stimulus measures. **Disclaimer** Please note that these analyses are based on the provided data and may not reflect the actual market performance. It's essential to stay up-to-date with the latest news and market developments to make informed trading decisions.
Result: [Method1] ST=Up LT=Down

FlexityIndicator Analysis Method(2)

Here is the reformatted data in HTML, with headers, tables, and lists to make it more readable: **Currency Pair Analysis: AUD/USD** **Short-Term Analysis (next 1-3 days)**

Short-Term Analysis

The short-term analysis suggests a bullish trend for the AUD/USD currency pair.

Key Indicators:

MACD breakout: indicates a potential increase in the Australian dollar
Moving averages: indicate a short-term bullish trend
Bearish Tweezer Top pattern on the weekly chart: could lead to a sell-off in AUD/USD
US presidential election: could lead to a sell-off in AUD/USD

Expected Price Movement:

Direction	Price Level
Up	0.6827 (if the MACD line breaks above this level)
Down	0.6701 (if the bearish Tweezer Top pattern is confirmed)
Stable	The current price range between 0.6701 and 0.6827

**Long-Term Analysis (next 1-3 weeks)**

Long-Term Analysis

The long-term analysis suggests a bearish trend for the AUD/USD currency pair.

Key Indicators:

Bearish Tweezer Top pattern on the weekly chart: indicates a potential down move
Pressure from the US presidential election: could lead to a sell-off in AUD/USD
Diminishing divergence in RBA policy from other central banks: has supported AUD/USD, but now that this divergence is diminishing, the pair has lost ground

Expected Price Movement:

Direction	Price Level
Down	0.6645 to 0.6632 (if the bearish Tweezer Top pattern is confirmed)
Down	0.6400 (if the bottom of wave B at 0.6622 is broken)
Stable	The current price range between 0.6701 and 0.6827

**Important Note:**

These conclusions are based on the provided analysis and are subject to change as new information becomes available. It is essential to continuously monitor market sentiment and adjust trading strategies accordingly.

Result: [Method2] ST=Up. LT=Down.