AUD/USD potential target at 0.7800 - Technical Analysis - Dukascopy Bank
Mon, 04 Jan 2021 07:46:10 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
27%
29%
-6.6%
Shorts
73%
71%
2.4%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Sell
Sell
Sell
Stochastic(5;3;3)
Neutral
Neutral
Sell
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Sell
Buy
Buy
Aggregate
⇒
⇗
⇒
The Australian Dollar has declined by 53 points or 0.68% against the US Dollar since December 31. The decline was stopped by the 50– hour simple moving average at 0.7693 on January 4.
Everything being equal, the AUD/USD exchange rate could edge higher within the following trading session. The potential target for bullish traders would be near the 0.7800 level.
However, the weekly R1 at 0.7770 could provide resistance for the currency exchange rate within this session.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.