Positions | Today | Yesterday | % Change | |
Longs | 48% | 51% | -6.25% | |
Shorts | 52% | 49% | 5.77% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Neutral | Buy | Neutral | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇒ | ⇒ |
By the middle of Tuesday's trading session the Australian Dollar had plummeted against the US Dollar. The pair had fallen through various support levels in a sharp move, which stopped near the support of the 200-hour simple moving average near the 0.7825 mark.
However, by 14:00 GMT it could be noticed that the following rebound had been short lives, as the pair had bounced off the resistance of a previous support line.
Because of that reason Dukascopy analysts expect that the pair will continue the decline and approach the weekly PP, which is located at the 0.7794 level.