Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 56% | 67% | -20.8% |
Shorts | 44% | 33% | 25.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
During the past 48 hours, the Australian Dollar has appreciated about 92 base points against the US Dollar. The 200-hour simple moving average was providing support for the pair at 0.6980 during the morning hours of Friday's trading session.
Most likely, the exchange rate will aim for a resistance level formed by the weekly R1 at 07035 within this session.
If the resistance line holds, a potential downside reversal could be expected before the end of today's session.
Meanwhile, technical indicators demonstrate that the currency exchange rate might make a brief retracement down today.