Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 72% | 2.7% |
Shorts | 26% | 28% | -7.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Buy | Buy | Buy |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
Since Yesterday's trading session, the Australian Dollar has surged by 443 basis points or 8.04% in value against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.5793 on Friday morning.
Currently, the exchange rate is testing a resistance cluster formed by the 100– hour SMA and the weekly S1 at 0.5975.
If the resistance cluster holds, the AUD/USD pair could continue to trade bearish within this session.
However, if the currency exchange rate breaks the cluster, a surge towards the 200– hour SMA at 0.6171 could be expected today.