Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 32% | 32% | -0.2% |
Shorts | 68% | 68% | 0.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇒ |
On Monday, the EUR/USD currency pair tried to surpass the 55– and 100-hour SMAs. During today's morning, the pair continued to test the given resistance.
Note that the exchange rate is supported by the weekly and monthly PPs, located circa 1.1060. Thus, if the given support and resistance hold, it is likely that the Euro could continue to consolidate against the US Dollar in the short run.
Also, note that the currency pair could gain support of the 200-hour moving average, and surpass the given resistance in the nearest future. In this case the pair could target the psychological level at 1.1100.