Positions | Today | Yesterday | % Change | |
Longs | 62% | 65% | -4.84% | |
Shorts | 38% | 35% | 7.89% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Buy | |
Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The AUD/USD currency pair has revealed a new junior ascending channel pattern. The rate tested both the upper and lower boundaries of the junior ascending channel yesterday.
The Australian Dollar gained about 35 base points against the US Dollar during the first part of Friday's session. Furthermore, the 50-hour simple moving average is currently guiding the pair higher.
Given that technical indicators is located in the overbought territory, the currency exchange rate might make a brief retracement south during the following trading session.