empty
25.11.2022 01:24 PM
AUDUSD Potential for Bullish Continuation | 25th November 2022

This image is no longer relevant

Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance at 0.67711 where the 61.8% Fibonacci line is. If this 1st resistance line is broken, expect the price to head towards the 2nd resistance at 0.69161, where the previous swing high is. In an alternative scenario, price could possibly head back down to retest the 1st support line at 0.65398 where the 50% Fibonacci line is.

Trading Recommendation

Entry: 0.67711

Reason for Entry: 1st resistance line break

Take Profit: 0.69161

Reason for Take Profit:

2nd resistance line & previous swing high

Stop Loss: 0.65861

Reason for Stop Loss:

Previous swing low

Dean Leo,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dean Leo
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

Recommended Stories

EUR/USD. July 25th. The ECB Monitors EU–US Trade Negotiations

On Thursday, the EUR/USD pair traded sideways. The outcome of the ECB meeting had virtually no impact on market sentiment—and the meeting itself turned out to be uneventful

Samir Klishi 12:39 2025-07-25 UTC+2

Forecast for GBP/USD on July 25, 2025

On the hourly chart, the GBP/USD pair on Thursday rebounded from the 50.0% retracement level at 1.3579, reversed in favor of the U.S. dollar, and consolidated below the 61.8% Fibonacci

Samir Klishi 12:12 2025-07-25 UTC+2

Forex forecast 25/07/2025: EUR/USD, AUD/USD, USD/JPY, GBP/USD, Gold, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 11:02 2025-07-25 UTC+2

GBP/USD: The Pair is Forming a Trend Reversal Pattern – "Head and Shoulders"

The British pound remains under pressure due to the challenging economic situation in the United Kingdom. Recent economic data confirms this, which naturally affects demand for the sterling. Weak manufacturing

Pati Gani 09:57 2025-07-25 UTC+2

Trading Signals for GOLD (XAU/USD) for July 25-28, 2025: buy above $3,359 and sell below $3,392 (21 SMA - 6/8 Murray)

The Eagle Indicator is showing a negative signal, so if the price falls below 3,359, it is seen as a signal to sell with targets at the 5/8 Murray around

Dimitrios Zappas 08:01 2025-07-25 UTC+2

Trading Signals for BITCOIN for July 25-28, 2025: buy above $115,000 (5/8 Murray - 21 SMA)

Bitcoin is trading around $115,400 after reaching the key level of $115,000, and a technical rebound is likely imminent in the coming hours, reaching the 21SMA around $118,350. If Bitcoin

Dimitrios Zappas 07:59 2025-07-25 UTC+2

Trading Signals for EUR/USD for July 25-28, 2025: sell below 1.1741 (21 SMA - 8/8 Murray)

Early in the European session, the EUR/USD pair is trading around 1.174, undergoing a technical correction after attempting to break below the 1.1790 level. The euro is likely to continue

Dimitrios Zappas 07:57 2025-07-25 UTC+2

EUR/USD Forecast for July 25, 2025

At the very last moment, the euro released the tension and abandoned its attempt to retest the upper boundary of the price channel. The day closed below the daily MACD

Laurie Bailey 05:06 2025-07-25 UTC+2

GBP/USD Forecast for July 25, 2025

The British pound failed to overcome the pressure of the daily balance line. Yesterday, the price fell by 69 pips, and this decline continued into the morning. The signal line

Laurie Bailey 05:06 2025-07-25 UTC+2

USD/JPY Forecast for July 25, 2025

The USD/JPY pair is showing a strong upward trend. After rebounding from the support level at 146.29, the price is now heading toward the nearest target at 149.38. This movement

Laurie Bailey 05:06 2025-07-25 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.