Positions | Today | Yesterday | % Change | |
Longs | 29% | 28% | 3.45% | |
Shorts | 71% | 72% | -1.41% | |
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 Aussie started a week against the American Dollar in a limbo between the 20- and 55-hour SMAs from the top and the weekly R1 from the bottom. In the early morning it made an attempt to climb towards the updated weekly R1 at 0.8010, but then suddenly stopped near the 0.7960 mark. If in the upcoming hours the pair will stick to the downside direction, this might be a signal of an existence of an ascending triangle. If this assumption is true, the pair should continue to move downwards and make a breakout to the south. On the other hand, if this reversal simply represents a short-term correction, then the pair will have a clear path up until the above weekly R1.