| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 60% | -10.7% |
| Shorts | 45% | 40% | 12.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The 50– hour simple moving average guided the AUD/USD currency pair on Thursday. As a result, the Australian Dollar surged by 52 pips or 0.71% against the US Dollar during yesterday's trading session.
By and large, the exchange rate could continue to trend bullish during the following trading session. A breakout through the upper boundary of an ascending channel pattern could occur.
However, if the channel pattern holds, the currency exchange rate would make a pullback towards the 50– hour SMA at 0.7380 today.