| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇓ | ⇘ |
[ANNOUNCE]The Australian Dollar has been trading in a long-term descending channel pattern against the Japanese Yen. However, the currency pair has revealed a new medium-term ascending trendline since the beginning of 2019.[/ANNOUNCE]
The exchange rate was stranded between SMAs during the morning hours on Thursday.
Technical indicators flash strong sell signals on the daily time-frame chart. Therefore, a decline towards the lower band of an uptrend line at 78.00 could be expected.
On the other hand, bullish traders might pressure the pair within this trading session.