Positions | Today | Yesterday | % Change | |
Longs | 33% | 39% | -18.18% | |
Shorts | 67% | 61% | 8.96% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇒ | ⇒ | ⇗ |
During Wednesday's trading session, the currency exchange rate was trading between the monthly PP and the weekly PP to end the trading session at the 113.01 mark. During Thursday morning hours, the US Dollar was trading near the monthly PP at the 112.96 mark.
In regards to the near-term future, most likely, the US Dollar will keep trading sideways between the monthly PP at 112.96 and the weekly PP at 113.23. The 55-hour simple moving average will support the rate during the trading session.
On the other side, the rate could be resisted by the monthly PP at 112.96 to move downwards to trade at the 112.80 level.