Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 34% | 37% | -9.8% |
Shorts | 66% | 63% | 5.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
On Friday, the EUR/USD currency pair tested the 1.1440 level. During today's morning, the pair broke the Fibo 50.00% at 1.1454.
From the one hand, it is likely that some upside potential could prevail in the market. In this case the exchange rate could target the 1.1500/1.15200 area in the short run.
Meanwhile, note that the rate would have to target the weekly R1 at 1.1487. If the given level holds, it is likely that a reversal south could occur. Note that the pair could gain support from the 55– and 100-hour SMAs, as well the weekly PP and the monthly R1 in the 1.1400 area.