Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 30% | 25% | 14.7% |
Shorts | 70% | 75% | -6.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
On Monday, the EUR/USD currency pair was consolidating in the 1.0800 area. During today's morning, the pair raised to the resistance formed by the Fibo 23.60% and the weekly PP in the 1.0900 area.
If the given resistance holds, it is likely that a reversal south could occur in the short run. In this case the exchange rate could gain support from the 55-hour SMA near 1.0810.
Otherwise, the currency pair could breach the given resistance in the nearest future. However, note that the pair would have to surpass the 200-hour SMA near 1.0940. If the given SMA does not hold, the pair could reach 1.1000.