Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 72% | 3.0% |
Shorts | 26% | 28% | -8.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Sell | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
Upside risks dominated the Australian Dollar versus the US Dollar on Wednesday. The currency pair has gained about 1.58% in value since Wednesday's trading session.
Most likely, downside sentiment might be introduced in the market within this session. The possible targets for bearish traders will be near a support cluster formed by the combination of the 50– and 100-hour SMAs at 0.7105.
However, technical indicators suggest otherwise on the 4(H) chart. The sentiment demonstrates that the surge could continue during the following trading session.