Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 39% | 38% | 3.0% |
Shorts | 61% | 62% | -1.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Sell | Sell |
Stochastic(5;3;3) | Neutral | Sell | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
Since the second half of Thursday, the EUR/USD currency pair has been testing the 1.2170 mark.
If the predetermined level holds, it is likely that a reversal south could occur, and the exchange rate could decline to the support area formed by the weekly R1 and R2, as well the 100-hour SMA in the 1.2020/1.2075 range.
In the meantime, note that the currency pair could gain support from the 55-hour moving average near 1.2115 and continue to extend gains in the short term. In this case the pair could target the 1.2250 level.