AUD/USD two scenarios likely - Technical Analysis - Dukascopy Bank
Fri, 16 Apr 2021 06:36:57 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
50%
53%
-6.4%
Shorts
50%
47%
6.4%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Sell
Buy
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Sell
Neutral
Neutral
Alligator(13;8;5)
Buy
Sell
Buy
SAR(0.02;0.2)
Buy
Buy
Sell
Aggregate
⇗
⇒
⇒
The Australian Dollar surged by 50 pips or 0.66% against the US Dollar on Thursday, The currency pair breached the weekly resistance level at 0.7755 during Thursday's trading session.
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern at 0.7724 and could be set for a breakout.
If the breakout occurs, bearish traders could target the 0.7666 level within this session.
However, if the channel pattern holds, buyers might pressure the AUD/USD currency exchange rate higher during the following trading 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.