Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 75% | -1.2% |
Shorts | 26% | 25% | 3.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
The Australian Dollar depreciated about 42 base points against the US Dollar on Wednesday. The decline was stopped by a support level formed by the 100-hour simple moving average at 0.6965.
If the support level set by the 100-hour SMA holds, the AUD/USD currency pair will continue its upside swing during the following trading session.
However, if the currency exchange rate breaks the support line as mentioned above, a decline towards the 200-hour SMA at 0.6943 could be expected in the nearest future.