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Archive - 8/8/2025 - Sign In to see current Signals. |
CurrencyShares Australian Dollar Trust (FXA) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the CurrencyShares Australian Dollar Trust (FXA). During the week, the FXA gained 0.68 points, or 1.06%, and closed at 64.55 on Friday, August 8, 2025. It was the best weekly gain since June 27, 2025. Weekly volume was 35% above average.
Long-term trend: [See FXA long-term trend chart] A long-term downtrend had started on February 1, 2023 at 70.66 and reached 58.90 on April 7, 2025. FXA lost 11.76 points, or 16.64%, in 113 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 58.14 and resistance is at 67.82. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See FXA medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 58.90 and reached 65.54 on July 24, 2025. FXA gained -6.64 points, or -11.27%, in 15 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 64.17 and resistance is at 65.79. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See FXA weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since April 11, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See FXA short-term trend chart] A short-term downtrend had started on July 24, 2025 at 65.54 and reached 63.61 on July 31, 2025. FXA lost 1.93 points, or 2.94%, in 7 days. The price is now at the 48.70% retracement level.
Daily Technical Indicators: [See FXA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since July 25, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. A Parabolic SAR (stop and reversal) indicator (64.96) comes close to the price (64.55). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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