| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 38% | -0.4% |
| Shorts | 62% | 62% | 0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
On Thursday, the EUR/USD currency pair reversed north from the lower line of the medium-term ascending channel. During today's morning, the pair was testing the resistance formed by the weekly and monthly PPs, as well the 200-hour SMAs at 1.1860.
From a theoretical point of view, it is likely that some upside potential could prevail in the market in the short run, and the exchange rate could target the 1.1920/1.1940 range.
However, if the given resistance holds, it is likely that the Euro could trade sideways against the US Dollar within the following trading session.