Positions | Today | Yesterday | % Change | |
Longs | 40% | 36% | 10.00% | |
Shorts | 60% | 64% | -6.67% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Sell | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇓ | ⇗ | ⇒ |
The Aussie has been trading with increased volatility against the US Dollar since the last time it was reviewed by the Dukascopy research team. However, the pair is maintaining its descending channel.
The combination of the 55—, 100—, and the 200—hour SMAs favours bears growing stronger until they breach lower boundary of the junior channel.
However, in regards to the near future, the pair is likely continue its movement in the descending channel until it find support at the weekly pivot point level at 0.7890.