Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 57% | 54% | 4.6% |
Shorts | 43% | 46% | -6.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇘ | ⇗ |
During Friday's session, the Australian Dollar fell by 67 pips or 0.87% against the US Dollar. The 50– hour simple moving average pressured the currency pair lower on Friday.
Technical indicators suggest selling signals on the 4H and daily time-frame charts. Most likely, the AUD/USD exchange rate could continue to decline in a descending channel pattern during the following trading session.
However, the weekly support level at 0.7589 could provide support for the currency exchange rate within this session.