Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 50% | 56% | -11.9% |
Shorts | 50% | 44% | 12.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇒ |
The Australian Dollar surged by 114 pips or 1.81% against the US Dollar on Thursday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.
Everything being equal, the AUD/USD currency pair could decline within this session. A potential breakout through the lower boundary of an ascending channel pattern could occur.
However, a support level formed by the 200– hour simple moving average could provide support for the currency exchange rate during the following trading session.