EUR/USD is at weekly R2

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 59% 58% 1.69%
Shorts 41% 42% -2.44%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Sell
RSI (14) Sell Neutral Neutral
Stochastic (5; 3; 3) Sell Neutral Neutral
Alligator (13; 8; 5) Buy Buy Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate ⇒ ⇒ ⇘

[ANNOUNCE] The European Single Currency appreciated 0.64% against the US Dollar since Thursday's session. The currency exchange rate was located near the weekly R2 at the 1.1710 level during Friday morning hours.  

[/ANNOUNCE] In regards to the near future, most likely, the rate should retrace backwards due to the resistance of the weekly R2 at the 1.1710 level and 38.20% Fibonacci retracement level at 1.1720.  

On the other hand, the European Single Currency might ignore resistance of the weekly R2 and the 38.20% Fibo level and surge upwards.

Actual Topics