| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 33% | -2.6% |
| Shorts | 68% | 67% | 1.2% |
| 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) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
At the end of the previous week, the EUR/USD currency pair tried to surpass the 1.1160 level.
During Monday's morning, the pair was squeezed by the 55– and 100-hour moving averages, located at 1.1145 and 1.1173 respectively. Thus, it is likely, that the exchange rate could trade sideways in the short term.
However, if the given 55-hour SMA does not hold, it is expected, that some downside potential prevails in the market. The rate could re-test the lower boundary of the medium-term descending channel located circa 1.1115.