Top.Mail.Ru
empty
 
 
09.01.2025 05:09 AM
Forecast for AUD/USD on January 9, 2025

The Australian dollar has given up efforts to test the upper boundary of the descending price channel on the daily chart. This price weakness is also reflected in the downward movement of the Marlin oscillator, which similarly failed to reach the growth territory.

This image is no longer relevant

The support level at 0.6077 has now become the main target. Notably, its intersection with the lower boundary of the price channel acts as a magnetic point, indicating the projected low for tomorrow.

This image is no longer relevant

On the four-hour chart, the price is attempting to break the support of the MACD line. The Marlin oscillator supports this effort as it remains below the zero line. If the price dips below yesterday's low, it will trigger a move towards the target of 0.6077.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
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 $10000 more!
    In January we raffle $10000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 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