| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The USD/ILS exchange rate has been trading upwards since the end of February. Currently, the rate is testing the resistance level formed by the monthly R1 and the Fibo 61.80% at 3.5110.
If the given resistance holds, it is likely that a reversal south could occur in the nearest future. In this case the currency pair could gain support from the monthly S1 at 3.4147.
On the other hand, the exchange rate could gain support from the 55-, 100– and 200-hour SMAs, currently located in the 3.4600 area, and continue to extend gains.