Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 50% | 50% | 0.3% |
Shorts | 50% | 50% | -0.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
The Australian Dollar surged by 59 basis points or 0.94% against the US Dollar on Friday. The 50– hour simple moving average provided support for the currency pair at 0.6321 during Friday's trading session.
Currently, the AUD/USD exchange rate is trading near the lower boundary of an ascending channel pattern at 0.6352. Most likely, a breakout could occur within this session.
Although, the 50– hour SMA at 0.6334 could still provide support for the currency exchange rate during the following trading session.