Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 35% | 35% | -0.2% |
Shorts | 65% | 65% | 0.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Neutral | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇒ |
On Friday, the EUR/USD currency pair declined to the 1.1760 level. During today's morning, the pair was testing the given level.
Given that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs in the 1.1800/1.1830 area, it is likely that some downside potential could prevail. In this case the rate could target the Fibo 61.80% at 1.1707.
On the other hand, it is likely that the currency pair could gain support at the 1.1760 mark and trade sideways, trying to surpass the predetermined moving averages.