empty
15.01.2025 04:37 AM
Forecast for AUD/USD on January 15, 2025

The Australian dollar is not showing any urgency to reach the lower boundary of the descending price channel, nor is it rushing to approach the upper boundary at 0.6246. The target for the lower boundary has now shifted downward to approximately 0.6010. However, the primary goal appears to be 0.5943, which corresponds to the peak reached in January 2003.

This image is no longer relevant

On the daily timeframe, the Marlin oscillator has signaled a reversal from resistance formed on January 6. This could indicate that the corrective growth phase has concluded.

In the 4-hour timeframe, the price has managed to consolidate above the MACD line, while the Marlin oscillator remains in positive territory.

This image is no longer relevant

This setup slightly increases the probability of growth toward the upper boundary of the channel at 0.6246. Under favorable circumstances, it could potentially reach the target level of 0.6273. However, the likelihood of this scenario occurring at the current moment is estimated to be around 20%.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
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

Video analysis for January 24, 2025

Potential for the further upside on US100

Petar Jacimovic 13:23 2025-01-24 UTC+2

EUR/JPY: ECB's Decision to Cut Rates Could Weigh on the Pair

The ongoing recession in Europe, compounded by the Western conflict with Russia on Ukrainian territory, is likely to force the European Central Bank (ECB) to lower interest rates to mitigate

Pati Gani 11:52 2025-01-24 UTC+2

Forecast for EUR/USD on January 24, 2025

On Thursday, the EUR/USD pair rebounded from the 76.4% Fibonacci corrective level at 1.0376, reversed in favor of the euro, and secured above the 100.0% Fibonacci level at 1.0437. This

Samir Klishi 11:40 2025-01-24 UTC+2

GBP/USD. January 24th. The US Dollar Awaits the FOMC Meeting

On the hourly chart, the GBP/USD pair rebounded from the 261.8% Fibonacci level at 1.2303 on Thursday, reversed in favor of the British pound, and secured itself above the 1.2363–1.2370

Samir Klishi 11:32 2025-01-24 UTC+2

Forex forecast 24/01/2025: EUR/USD, GBP/USD, USD/JPY and Bitcoin

Video Agenda: 00:00 INTRO00:14 Totay's key events: HCOB Germany Manufacturing PMI, S&P Global Manufacturing PMI, S&P Global Services PMI, Existing Home Sales 02:40 EUR/USD04:34 USDX06:28 GBP/USD07:57 USD/JPY10:26 BTC/USD Useful links

Sebastian Seliga 10:21 2025-01-24 UTC+2

EUR/USD and GBP/USD on January 24 - Technical Analysis of the Situation

Bullish traders are looking to maintain their current positions and potentially push the pair higher. Since today is Friday, the weekly close will be significant. An ideal scenario

Evangelos Poulakis 09:21 2025-01-24 UTC+2

Forecast for EUR/USD on January 24, 2025

The euro has been poised for a decline since Tuesday; however, the growth of the stock market has kept European currencies in a sideways trend. We do not anticipate

Laurie Bailey 03:34 2025-01-24 UTC+2

Forecast for GBP/USD on January 24, 2025

On Thursday, the GBP/USD pair once again tested the resistance level at 1.2367. However, today the price has begun the session with a decline. The signal line of the Marlin

Laurie Bailey 03:34 2025-01-24 UTC+2

Forecast for USD/JPY on January 24, 2025

Today at 3:00 AM London time, the Bank of Japan is expected to raise the interest rate from 0.25% to 0.50%. The accompanying press conference is scheduled for 9:30

Laurie Bailey 03:34 2025-01-24 UTC+2

Trading Signals for EUR/USD for January 23-26, 2025: sell below 1.0400 (21 SMA - 5/8 Murray)

The Eagle indicator is reaching an overbought zone. So, we believe that there will be a strong fall in EUR/USD in the next few days. The 1.0400 level could

Dimitrios Zappas 14:00 2025-01-23 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.