| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 69% | -11.29% | |
| Shorts | 38% | 31% | 18.42% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The Australian Dollar continues to appreciate against the US Dollar for the second consecutive session.
Following the FOMC Meeting Minutes published at 1900GMT on Wednesday, the pair managed to move above the 200-hour SMA and subsequently even higher until the weekly R1 at 0.7634 was reached mid-today. This mark largely corresponds to the upper boundaries of both long– and medium-term channels.
This aspect, together signals given by a newly-formed short-term channel and technical indicators, suggests that the Aussie is most likely to weaken against the Greenback during the following session.
However, the rate might find some resistance in the 0.7610/0.7590 area, as the 55– and 200-hour SMAs and the weekly PP are located nearby.