Positions | Today | Yesterday | % Change | |
Longs | 61% | 61% | 0.00% | |
Shorts | 39% | 39% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Neutral | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇒ | ⇒ |
The Australian Dollar has depreciated about 92 base points against the US Dollar since Thursday's session. The currency pair dashed through a one-week trading range during the first part of today's session.
As for the near future, it is likely that the AUD/USD currency pair will continue its bearish momentum. Bearish traders could push the currency exchange rate towards a swing low of 0.7061 today.
However, a traditional weekly and the monthly pivot points at 0.7144 could hinder the exchange rate from falling further south.