Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 49% | 51% | -3.5% |
Shorts | 51% | 49% | 3.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Buy | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
On Friday, the EUR/USD currency pair skyrocketed to the 1.0860 level. During today's morning, the pair dropped to the support provided by the 55– and 100-hour SMAs near 1.0810.
If the given support holds, it is likely that a reversal north could occur in the nearest future. In this case the exchange rate could target the 1.0860 level.
However, note that the rate would have to surpass the 200-hour SMA and the weekly PP at 1.0830. If the given resistance holds, the pair could consolidate in the short term.