AUD/USD bullish today

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

Positions Today Yesterday % Change
Longs 68% 71% -4.41%
Shorts 32% 29% 9.37%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Buy Sell Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate

Bullish sentiment dominated the AUD/USD exchange rate during Tuesday's trading session. The upside momentum was stopped after the pair pierced the upper boundary of a descending channel.

Bulls failed to surpassed that barrier on Wednesday as the currency pair made a U-turn south. However, this decline was stopped by a support cluster formed by the 55-, 100-, and 200-hour SMAs and the weekly pivot point near the 0.7393 mark.

By and large, it is expected that the currency exchange rate maintains the junior ascending channel during the following trading session.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.