empty
 
 
26.02.2024 05:01 AM
Forecast for AUD/USD on February 26, 2024

AUD/USD

A reversal started in AUD/USD after the test of the balance indicator line on the daily chart. The Marlin oscillator moving towards the positive area also reflects this scenario. Most likely, the pair will decline when the price drops below the support level of 0.6504 and head towards 0.6410.

This image is no longer relevant

On the four-hour chart, the fall below the MACD line and 0.6542 indicates an impending downward movement. The Marlin oscillator also turned downward.

This image is no longer relevant

Today, data on new home sales in the US will be released, with an expected growth of 2.41%. If the data turns out to be weaker than expected, stock indices will decline and, along with them, AUD/USD.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Yuriy Zaycev
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
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback