Positions | Today | Yesterday | % Change | |
Longs | 68% | 69% | -1.47% | |
Shorts | 32% | 31% | 3.12% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Neutral | Buy | Neutral | |
RSI (14) | Neutral | Neutral | Buy | |
Stochastic (5; 3; 3) | Buy | Sell | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The AUD/USD exchange rate has finally revealed a new ascending junior pattern on Friday. The currency pair bounced off the lower boundary of this pattern on May 2 and is gradually gaining strength.
After hitting the 23.20% Fibonacci retracement level, the Aussie began to decline. However, a support cluster set by the combination of the 55-, and the 100– hour SMAs near the 0.7520 mark was providing support for the rate at the time of this analysis.
A reverse north from the aforementioned support cluster is possible during the following trading session. In the four-hour time frame, technical indicators suggest buying signals.