EUR/USD aims to S1 at 1.1394

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 32% 29% 9.38%
Shorts 68% 71% -4.41%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Neutral Buy Sell
SAR (0.02; 0.2) Sell Buy Buy
Aggregate ⇒ ⇗ ⇒

[ANNOUNCE] During Monday's trading session, the rate passed through the support level of the monthly PP at 1.1435. On Tuesday morning, the European Single Currency was located at the 1.1413 mark. 

[/ANNOUNCE] Most likely, the rate will trade sideways to stay between the weekly S1 at 1.1394 and the 200-hour simple moving average at 1.1422.This would occur, if the rate would consolidate its decline.  

On the other hand, the rate could pass the 200-hour simple moving average's support and decline down to the 1.1395 level. At that level the weekly S1 pivot point is located at.

Actual Topics