| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 42% | 6.8% |
| Shorts | 55% | 59% | -5.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Monday, the EUR/USD currency pair breached the medium-term descending channel south. During today's morning, the pair was trading at the 1.0920 level.
Note that the exchange rate is pressured by the 55-hour moving average near 1.0940. Thus, some downside potential could prevail in the market. In this case the rate could gain support from the weekly S1 and the Fibo 23.60% in the 1.0895 area.
If the given support level holds, it is likely that the Euro could consolidate against the US Dollar in the short term in the 1.0920 area. Also, it is unlikely that bulls could prevail, and the rate could exceed the 1.0960 area due to the resistance provided by the 100-hour SMA.