Positions | Today | Yesterday | % Change | |
Longs | 59% | 53% | 10.17% | |
Shorts | 41% | 47% | -14.63% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Sell | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
Alligator (13; 8; 5) | Buy | Neutral | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇒ | ⇒ | ⇘ |
The Australian Dollar traded with low volatility against the US Dollar on Monday. The AUD/USD currency pair appreciated by 37 base points during yesterday's trading session.
The exchange rate was trading near the upper boundary of a dominant descending channel at 0.7228 and could be set for a breakout.
If this breakout occurs, the possible target that bullish traders could push the currency exchange rate towards a swing high of 0.7318 during the following trading session.
However, the pair could reverse from currency price level and aim at the 100-hour simple moving average at 0.7173 today.