Positions | Today | Yesterday | % Change | |
Longs | 36% | 37% | -2.78% | |
Shorts | 64% | 63% | 1.56% | |
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) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
The Aussie continues its smooth journey in the ascending channel. By the early hours of Tuesday's trading session, the pair has regained its lost position.
The 55—hour, 100—hour and the 200—hour SMAs indicates that the rally is likely to continue until it breaches the monthly PP at 0.81. By 1300 GMT, the combination of the 55—hour and 100—hour was providing support near the 0.80 mark.
Everything being equal, bulls are likely to continue their dominance on this currency exchange rate until it books a new high at the R3 at 0.81.