Positions | Today | Yesterday | % Change | |
Longs | 64% | 61% | 4.69% | |
Shorts | 36% | 39% | -8.33% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Sell | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇘ |
Bullish sentiment dominated the Australian Dollar versus the US Dollar on Wednesday. The currency pair gained about 1.72% of its values during Wednesday's trading session.
The bullish momentum could continue within this session. The upside target for the currency exchange rate will be near the upper boundary of a junior ascending channel pattern at 0.7292.
The AUD/USD exchange rate could make a pullback south from the monthly resistance level at 0.7292 during the following trading session.
In the meantime, technical indicators flash bullish signals on the 4(H) time frame.