Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 30% | 26% | 12.7% |
Shorts | 70% | 74% | -5.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇘ | ⇒ | ⇘ |
On Thursday, the EUR/USD currency pair tested the support level – the weekly S1 at 1.0823. During today's morning, the pair was re-testing the given support.
It is likely that the exchange rate could be pushed down by the 55-, 100– and 200-hour SMAs near 1.0900. In this case the rate could target the psychological level at 1.0760.
However, if the given support level holds, a reversal north could occur. However, note that the pair could face the resistance formed by the Fibo 23.60% and the weekly PP at 1.08860. If the given resistance holds, the rate could consolidate.