AUD/USD buy signals today

Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs74%73%1.5%
Shorts26%27%-4.4%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralBuy
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuyBuySell
Aggregate

The Australian Dollar traded sideways against the US Dollar on Friday. The 50-, 100– and 200-hour SMAs provided support for the currency pair at 0.6776 during Friday's trading session.

Everything being equal, it is likely, that the AUD/USD exchange rate might continue to trade sideways movement within this session.

However, technical indicators suggest buying signals on the 4(H) time-frame chart. Therefore, upside risks might prevail in the market during the following trading session.

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