AUD/USD moves sideways for second consecutive day

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 50% 48% 4.00%
Shorts 50% 52% -4.00%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Sell Sell Sell
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

On Thursday, the Aussie dashed through the 55-hour SMA and tested a support cluster formed by the lower Bollinger band and the weekly R2 near the 0.7535 mark. In the morning session, the currency was fluctuating around the given level in a consistent manner, failing to breach the daily S1 at 0.7533 and being stranded between the 20-hour SMA and the daily S1. Nevertheless, this small range was breached, sending the rate for a plunge down to the lower Bollinger band and the 100-hour SMA. This fall, however, is expected to be corrected soon, returning near the 0.7533 territory. Technical indicators remain mildly bearish, indicating that Aussie is still weakened against the US Dollar.

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