GBP/AUD 4H Chart: Surges as expected

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Buy Neutral Neutral
Alligator (13; 8; 5) Buy Neutral Neutral
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

Following up on last week Monday analysis for the British Pound against the Australian Dollar. Bulls strengthened their position as expected and managed to move past the 200– hour simple moving average at 1.7782.

However, after hitting the weekly pivot point at 1.7973 on June 19, the currency pair made a brief retracement south. Meanwhile, a new junior ascending pattern has been spotted and mapped out to trail the price movement.

As for near future, the GBP/AUD currency exchange rate is likely to move further south toward the 55– and 100– hour SMAs during the following sessions before continuing its northern journey.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.