Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

AUD/USD, NZD/USD And AUD/JPY Forecast

By Jason SenForexAug 19, 2021 04:55AM ET
www.investing.com/analysis/audusd-nzdusd-and-audjpy-forecast-200599336
AUD/USD, NZD/USD And AUD/JPY Forecast
By Jason Sen   |  Aug 19, 2021 04:55AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

AUD/USD broke 7280 is a sell signal targeting strong support at 7235/25. Longs here stopped below 7205 however for another sell signal.

NZD/USD topped exactly at first resistance at 6945/55. Shorts worked perfectly on the collapse to targets of 6920/10 and 6870/60 for a potential 80 pip profit on the day.

AUD/JPY bottomed exactly at strong support at 7950/30. A bounce from here is likely.

Today’s Analysis

AUD/USD breaks strong support at 7235/25 for a sell signal targeting strong support at 7150/40. Longs need stops below 7115.

Gains are likely to be limited in the bear trend with minor resistance at 7260/70 and 7290/7300.

NZD/USD best support today at 6860/40. However longs are probably too risky in the bear trend. A break below 6830 can target strong support at 6770/50.

Gains are likely to be limited with minor resistance at 6900/10 and 6940/50.

AUD/JPY bottomed exactly at strong support at 7950/30. Longs need stops below 7915. A break lower is a sell signal targeting 7870/60, perhaps as far as 7810/00.

Longs at at 7950/30 target 7980 and 8010/20 for profit taking.

AUD Chart
AUD Chart

Disclaimer: No representation or warranty is made as to the accuracy or completeness of this information and opinions expressed may be subject to change without notice. Estimates and projections set forth herein are based on assumptions that may not be correct or otherwise realised. All reports and information are designed for information purposes only and neither the information contained herein nor any opinion expressed is deemed to constitute an offer or invitation to make an offer, to buy or sell any security or any option, futures or other related derivatives.

AUD/USD, NZD/USD And AUD/JPY Forecast
 

Related Articles

Kenny Fisher
Pound Yawns On Mixed Retail Sales By Kenny Fisher - May 20, 2022

The British pound is drifting on Friday, after showing unusually strong volatility this week. The pound rebounded on Thursday, racking up gains of 1.06% and briefly breaking above...

AUD/USD, NZD/USD And AUD/JPY Forecast

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email