| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 38% | 2.56% | |
| Shorts | 61% | 62% | -1.64% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
The Euro was trading sideways during the first part of Thursday. A significant volatility was introduced by the ECB mid-session. The Euro initialy strengthened against its American counterpart following the release of the bank's written statement, but plunged 100 pips within a couple of hours in response to Draghi's more cautious tone during the press conference.
The rate once again normalised later in the evening and early today, as a fall below the 1.2340 mark was restricted by the 200-hour SMA and the monthly PP.
Technical indicators being located in the strongly bearish area suggest that the pair should be tended north in this session, thus approaching a resistance cluster formed by the 55– and 100-hour SMAs circa 1.2380. Meanwhile, the rate should not exceed the 38.20% Fibo at 1.2235.