| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 30% | 8.2% |
| Shorts | 68% | 70% | -3.9% |
| 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 | ⇒ | ⇗ | ⇒ |
On Friday, the EUR/USD currency pair tumbled to the support formed by the 200-hour moving average at 1.1050. During today's morning, the pair reversed north from the given support.
It is likely that some upside potential could prevail in the market, and the Euro could appreciate against the US Dollar in the short term. However, note that the exchange rate should exceed the resistance formed by the 55– and 100-hour SMAs at 1.1082.
If the given resistance holds, it is likely that the Euro could consolidate against the Greenback in the nearest future. However, if the given support does not hold, the rate could target the weekly S1 at 1.1005.