AUD/USD buyers likely to prevail - Technical Analysis - Dukascopy Bank
Thu, 29 Apr 2021 06:19:17 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
51%
55%
-8.0%
Shorts
49%
45%
8.2%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Sell
Aggregate
⇗
⇗
⇒
The Australian Dollar climbed by 76 pips or 0.98% against the US Dollar on Wednesday. The surge was stopped by the weekly resistance level at 0.7814 during the Asian session on Thursday.
If the AUD/USD currency exchange rate breaks the weekly R1 at 0.7814, bullish traders are likely to target the 0.7880 level within this session.
However, if the resistance level holds, a decline towards the 200– hour simple moving average at 0.7755 could be expected 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.