Forex analysis and forecast for AUDUSD for today, September 22, 2022

AUD/USD, currency, Forex analysis and forecast for AUDUSD for today, September 22, 2022

At the Asian session on Thursday, AUD/USD is trading in a strong downtrend, and at the moment is testing to break the strong support of 0.6600.

"Bearish" momentum the pair received after the announcement of the results of the FOMC meeting and the Jerome Powell conference. The Fed expectedly raised the rate by 75 basis points, but revised the neutral rate level from 3.2% to 4.6%. This means that the Fed will continue to aggressively tighten monetary policy. FOMC members say the rate will reach 4.25% at the end of 2022.

None of the central banks of developed countries can compete with the Fed's rate of monetary policy tightening.

Meetings of the Swiss National Bank and the Bank of England will be held today.

AUD/USD Technical analysis

On the chart of daily AU/USD the Bollinger Band indicator is steadily directed downward

MACD indicator is declining in the negative area and has a strong sell signal.

Stochastic Oscillator remains in the area of minimum values.

AUD/USD Daily Chart Forex

After a break below 0.6591, we open a sale with Take Profit at 0.6500. Stop-loss is placed at 0.6630.

If the price remains above resistance at 0.6581, we start to buy with 0.6750 as a guideline. Stop-loss is set at 0.6750


If you are interested in AUDUSD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest AUD/USD forecasts and signals contain support and resistance levels, as well as stop-loss levels.

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Forex analysis and trading signals for USD/CHF for today, October 4
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Oct 04, 2023 Read
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Sep 27, 2023 Read
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