Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 45% | 46% | -3.5% |
Shorts | 55% | 54% | 2.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Neutral | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/USD currency pair remains to trade below the resistance level—the weekly R1 at 1.2140.
It is likely that the exchange rate could be pushed down by the 55-hour moving average near 1.2130. In this case the rate could gain support from the weekly PP and the 200-hour moving average in the 1.2050 area.
If the predetermined support holds, the currency pair could trade sideways within the following trading session. Otherwise, the pair could target the 1.2000/1.2020 range.