Positions | Today | Yesterday | % Change | |
Longs | 59% | 58% | 1.69% | |
Shorts | 41% | 42% | -2.44% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇘ | ⇗ |
The Australian Dollar has started to gain strength against the US Dollar after the pair touched the lower boundary a channel up. The pair breached both the monthly PP and the 200– hour SMA near 0.7793 during the close of yesterday's session.
The exchange rate was guided up by the simple moving averages. A support cluster set by the 55– and 100—hour SMAs was providing support near 0.7760.
The currency pair is moving closer to the upper border of the junior pattern. Technical indicators suggest that the AUD/USD pair is likely to continue its rally during this trading session.