Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 73% | 1.5% |
Shorts | 26% | 27% | -4.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
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.