Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 42% | 42% | -0.1% |
Shorts | 58% | 58% | 0.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇒ |
Yesterday, the EUR/USD currency pair re-tested the lower line of the short-term ascending channel.
From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could re-test the upper channel line located in the 1.1820/1.1840 area.
If the given channel holds, the rate could reverse south and continue to trade within the predetermined channel. Otherwise, the pair could touch the weekly R2 at 1.1855.