AUD/USD sell signals

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 67% 49% 26.87%
Shorts 33% 51% -54.55%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Sell Sell Sell
Aggregate

Bearish momentum dominated the AUD/USD currency pair on Thursday, thus, allowing the exchange rate plummeted 121 base points or 1.63% of its value. However, this downside risks was stopped by the lower boundary of a junior descending channel.

By the middle of Friday's trading session, the exchange rate gained a bit of momentum as its managed to breached the weekly S1 at 0.7362 and the 55-hour simple moving average.

Technical indicators flash strong bearish signals today. Therefore, bears are likely to continue their dominance in the market over the currency exchange rate.

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