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Currency Shares ETFs Technical Analysis - FXAArchive - 5/23/2025 - 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 0.94 points, or 1.48%, and closed at 64.39 on Friday, May 23, 2025. Weekly volume was 377% above average.
Long-term trend: [See FXA long-term trend chart] A long-term downtrend had started on September 30, 2024 at 68.78 and reached 58.90 on April 7, 2025. FXA lost 9.88 points, or 14.36%, in 27 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (57.23) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 64.41 on May 23, 2025. FXA gained -5.51 points, or -9.35%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (63.46) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See FXA weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and 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. Use the following link to access a MACD help.
Short-term trend: [See FXA short-term trend chart] A short-term uptrend had started on May 12, 2025 at 62.97 and reached 64.41 on May 23, 2025. FXA gained -1.44 points, or -2.29%, in 11 days. Price is near the trend high.
Daily Technical Indicators: [See FXA daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 8, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.
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