Positions | Today | Yesterday | % Change | |
Longs | 58% | 58% | 0.00% | |
Shorts | 42% | 42% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇒ | ⇘ | ⇒ |
The European Single Currency appreciated 0.17% against the US Dollar since Tuesday's session. On Wednesday, the rate was located between the 55-hour and the 100-hour simple moving averages at the 1.1587 mark.
In regards to the near future, the resistance of the 100-hour simple moving average will push the rate to go downwards passing through the 55-hour simple moving average to trade near the weekly S1 at the 1.1511 level during the day.
On the other hand, the rate might break the 100-hour SMA and use the 100-hour SMA as support to surge upwards to the monthly PP at the 1.1649 level.