Positions | Today | Yesterday | % Change | |
Longs | 54% | 52% | 3.70% | |
Shorts | 46% | 48% | -4.35% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇓ | ⇗ |
The Australian Dollar has shown high volatility against the US Dollar on Tuesday, during this period, the pair breached the lower boundary of a large-scale triangle.
A Strong bearish sentiment took over the AUD/USD pair on Tuesday due to the US fundamental event. As the new Fed Chair testimony's text was released, the Greenback began to gain strength against the rest financial market. However, the decline for the Aussie was stopped by the weekly S1 at 0.7778.
Regarding the near future, the exchange rate is likely to regain some of its lost points during the following trading sessions.