Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 28% | 27% | 2.8% |
Shorts | 72% | 73% | -1.1% |
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) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
The 100– hour simple moving average guided the Australian Dollar against the US Dollar on Friday. The AUD/USD currency pair tested the 0.7300 level during Friday's trading session.
All things being equal, the exchange rate could edge higher during the following trading session. A breakout could occur through the upper boundary of a descending channel pattern.
On the other hand, bears might come into play and push the currency exchange rate towards the 0.7220 area within this session.