Positions | Today | Yesterday | % Change | |
Longs | 59% | 49% | 16.95% | |
Shorts | 41% | 51% | -24.39% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇒ | ⇘ |
A reversal from the lower boundary of a junior ascending channel was followed by 106 pips surge on Friday. The Australian Dollar managed to push through the three SMAs.
Given that the 50- and 200-hour simple moving averages moreover, strengthen the 0.7310 mark, bulls could drive the currency pair higher for a potential breakout through the upper border of a dominant descending channel within this session.
Technical indicators on the 4H time-frame demonstrate that bullish sentiment could dominate the AUD/USD currency exchange rate during the following trading session. However, it is important to note that no significant macroeconomic data releases that could make the pair trade with high volatility.