AUDUSD price forecast, quote, news & analysis

AUDUSD's Indicator enters downward trend

The Aroon Indicator for AUDUSD entered a downward trend on December 29, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 256 similar instances where the Aroon Indicator formed such a pattern. In of the 256 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 26, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AUDUSD as a result. In of 132 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AUDUSD's RSI Indicator exited the oversold zone, of 40 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 86 cases where AUDUSD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AUDUSD just turned positive on December 23, 2024. Looking at past instances where AUDUSD's MACD turned positive, the stock continued to rise in of 102 cases over the following month. The odds of a continued upward trend are .

AUDUSD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.