Aussie depreciates on fundamentals

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

Positions Today Yesterday % Change
Longs 28% 30% -7.14%
Shorts 72% 70% 2.78%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Buy
RSI (14) Neutral Sell Neutral
Stochastic (5; 3; 3) Sell Sell Sell
Alligator (13; 8; 5) Buy Buy Buy
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

The end of the yesterday's trading session the currency pair spent in the sluggish surge that was smoothly guided by the 20-hour SMA from the bottom. A reversal occurred after release of the Australian employment change information, which pushed the exchange rate to the bottom right though the 55-hour SMA at 0.7924 and the weekly R1 at 0.7916. The downfall was stopped near the 0.7899 mark, where the pair made another u-turn and passed through the above barriers in the opposite direction. Given the fact that now it is additionally backed up by the 100-hour SMA from the bottom allows assuming a steady surge towards the weekly R2 at 0.7998 is going to continue. On other hand, a new combination of the 20- and 55-hour SMAs has a chance to neutralize this attempt at the outset.

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