Flexity Analysis for AUDUSD

Forecast Overall(Short-Term, Long-Term): ST=Probably Down LT=Probably Down

Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Same LT=Same

[Method1] ST= LT=

[Method2] ST=Down LT=Down

FlexityIndicator Analysis Method(0)

Short-Term: NO DATA Long-Term: NO DATA
Result: [Method0] ST=Same LT=Same

FlexityIndicator Analysis Method(1)

Result: [Method1] ST= LT=

FlexityIndicator Analysis Method(2)

Short-Term: Based on the analysis provided, **AUD/USD is expected to continue its downward trend in the short term**. Here’s why: 1. **Bearish Outlook**: The trading forecasts indicate a bearish outlook for AUD/USD due to the strengthening US dollar. 2. **Market News Impact**: The release of strong US PPI data has led to a stronger USD, which negatively impacts AUD/USD. AUD/USD dropped by 0.8% overnight and is approaching recent lows, indicating weak momentum. 3. **Technical Analysis**: - Key support levels have been tested but the currency pair remains below critical resistance levels (e.g., 200-hour moving average at 0.6503). - The breakdown of key technical levels (100-hour and 200-hour MAs) suggests further downside momentum. - While there is a potential for a reversal if AUD/USD moves above 0.64966 (38.2% retracement), the current price action suggests a bearish trend. 4. **Market Sentiment**: Negative sentiment following the PPI data release has contributed to the price drop, reinforcing the bearish outlook. In conclusion, the short-term outlook for AUD/USD is **down**, with potential further declines expected due to the combination of bearish technical indicators and the strengthening US dollar. Long-Term: **Answer:** Based on the provided analysis, the price of AUDUSD is expected to **go down** in the short term. However, for long-term expectations, the information is insufficient as it only provides immediate technical and market reactions. The current weakness of the AUD against a stronger USD due to US inflation data suggests downward pressure, but without additional economic factors, a definitive long-term forecast cannot be made. **Conclusion:** - **Short Term:** Expected to go down. - **Long Term (Note: Data insufficient):** Inference leans towards potential further decline based on current trends, but more information is needed.
Result: [Method2] ST=Down LT=Down