Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 38% | 39% | -3.7% |
Shorts | 62% | 61% | 2.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Sell | Sell |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇒ |
On Monday, the EUR/USD currency pair failed to exceed the 1.2160 level.
It is likely that the exchange rate could be pushed down by the 55– and 100-hour moving averages near 1.2125. In this case the rate could gain support from the weekly PP at 1.2075.
If the given support level holds, a reversal north could follow and the currency pair could re-test the predetermined resistance. Otherwise, the pair could decline to the 200-hour SMA near 1.2040.