Positions | Today | Yesterday | % Change | |
Longs | 49% | 65% | -32.65% | |
Shorts | 51% | 35% | 31.37% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Neutral | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇒ | ⇓ | ⇗ |
The Australian Dollar maintained a stable position against the US Dollar on Friday, thus trading within range the whole session.
After hitting the 50.00% retracement level during the early hours of today session, the currency pair started to decline. This retracement can be measured by connecting the low at 0.7791 and the high at 0.7989.
Everything being equal, the exchange rate is likely to continue moving south until it re-tests the lower boundary of a large-scale triangle.