| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 51% | -6.25% | |
| Shorts | 52% | 49% | 5.77% | |
| 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 | ⇗ | ⇒ | ⇗ | |
Upside risks prevailed in the market on Wednesday and thus sent the Aussie for a surge against the US Dollar. As a result, the pair was able to breach a significant resistance cluster set by the 55-, 100– and 200-hour SMAs circa 0.7840 . In addition, additional bullish momentum was provided by solid Australian Retail Sales published at 0030GMT.
The first part of Thursday shows a slight period of uncertainty from both bulls and bears, as the Aussie has failed to leave the 0.7870 mark. It is likely that this situation continues until US PPI is published.
This data release might result in fluctuations for an hour or two; however, the overall direction for the following session is still expected to be southwards towards the aforementioned 0.7840 area.