AUD/USD remains near 0.7740 - Technical Analysis - Dukascopy Bank
Fri, 15 Jan 2021 07:37:13 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
30%
28%
7.7%
Shorts
70%
72%
-3.3%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Neutral
Sell
Sell
Stochastic(5;3;3)
Neutral
Neutral
Sell
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Buy
Aggregate
⇗
⇗
⇒
The AUD/USD currency pair bounced off from a support cluster at 0.7740 on Thursday. As a result, the Australian Dollar surged by 56 points or 0.72% against the US Dollar during yesterday's trading session.
The exchange rate is currently trading near the support cluster formed by the weekly pivot point and the 100– hour simple moving average at 0.7740.
If the cluster holds, bullish traders are likely to continue to pressure the price higher during the following trading session.
However, if the currency exchange rate breaks the barrier, a decline towards the 0.7700 level could be expected today.
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.