AUD/USD sell signals

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

Positions Today Yesterday % Change
Longs 72% 66% 8.33%
Shorts 28% 34% -21.43%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

The Australian Dollar has continued to fall lower against the US Dollar. By the end of Thursday's trading session, the currency pair has reached a low at 0.7650. However, the lower boundary of a junior ascending channel was providing support for the exchange rate.

After reaching near the 23.60% Fibonacci retracement level, the Aussie began to decline against the US Dollar. Also, the combination of the 55-, 100– and the 200– hour SMAs was pressurizing the price further south. This retracement can be measured by connecting the low at 0.7644 and the high at 0.7758.

Technical indicators suggest bears are likely to grow stronger within this session.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.