AUD/USD supported by 50– hour SMA - Technical Analysis - Dukascopy Bank
Wed, 20 Jan 2021 07:23:58 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
38%
34%
10.0%
Shorts
62%
66%
-6.1%
Indicator
4H
1D
1W
MACD(12;26;9)
Sell
Buy
Buy
RSI(14)
Neutral
Neutral
Sell
Stochastic(5;3;3)
Neutral
Neutral
Sell
Alligator(13;8;5)
Sell
Buy
Buy
SAR(0.02;0.2)
Buy
Sell
Buy
Aggregate
⇒
⇒
⇒
The Australian Dollar has surged by 61 points or 0.79% against the US Dollar on Tuesday. The currency pair was supported by the 50– hour simple moving average during yesterday's trading session.
All things being equal, the AUD/USD exchange rate could continue to edge higher during the following trading session. The potential target for bullish traders would be near the weekly R1 at 0.7780.
However, a resistance line at 0.7760 could provide a barrier 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.