Positions | Today | Yesterday | % Change | |
Longs | 38% | 40% | -5.26% | |
Shorts | 62% | 60% | 3.23% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Sell | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Neutral | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇒ |
After surging by 30 basis points, the currency exchange rate expectedly fell back towards the 200-hour SMA and the weekly PP at 130.43. In the process, it entered into a pattern similar to symmetrical triangle. From this perspective, the breakout might occur in both directions. However, the fact the above support level is located so closely to the lower trend-line of a medium-term ascending channel indicates that the rate most probably would bounce off and resume the surge towards the 130.02 level. But expectations of this bullish movement might be relevant for next two days, while during this evening the pair most likely is going to continue to move horizontally. The summary of various technical indicators supports this assumption, by sending neutral signals.