USDAUD United States Dollar - Australian Dollar Forecast, Technical & Fundamental Analysis

USDAUD sees MACD Histogram just turned negative

USDAUD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 13, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 101 instances where the indicator turned negative. In of the 101 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for USDAUD moved out of overbought territory on January 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on January 15, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on USDAUD as a result. In of 134 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

USDAUD broke above its upper Bollinger Band on January 11, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 79 cases where USDAUD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 227 cases where USDAUD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .