Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Sell | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Buy | Neutral | Buy |
Alligator (13; 8; 5) | Buy | Sell | Sell |
SAR (0.02; 0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇘ | ⇒ |
The Australian Dollar has been weakening against the Swiss Franc in a steep descending pattern. This movement has been bounded by a one month channel down.
The AUD/CHF currency pair has been moving sideways since June 19, bouncing between the 55-hour simple moving average to the south and the 100-hour SMA to the north.
Technical indicators flash strong buy signals on the four-hour time frame. Nevertheless, some downward potential is still apparent in the market during the following trading sessions.