| Positions | Today | Yesterday | % Change | |
| Longs | 30% | 32% | -6.67% | |
| Shorts | 70% | 68% | 2.86% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
Downside risk dominated the common European currency on Friday, as the pair closed the session with approximately 80-pips lost. Along the way, the exchange rate breached the 55– and 100– hour SMAs.
By European trading session on Monday, the currency pair has lost further 100-pips or –0.78%. Technical indicators suggest that the overall movement during the next 24hours should remain bearish.
However, given that the technical sentiment is located in the oversold zone, a short-term retracement north could be expected within the following trading session.