- Reuters
Pair's Outlook
EUR/USD pair retreated from the last week's high on Friday trading session and indicated about a strong resistance level around 1.3115/35, but this morning the price has found the resistance at 1.3024 and appreciates from it on early trading session. As most of indicators tempt about a possibility to open a long position and RSI has not reached a value of 70, it is very likely that we will see a new high in the near future.
Traders' Sentiment
SWFX markets sentiments remain very similar to the previous week data, as for today 44% traders have a long position and 56% have a short position. Pending orders segment shows slightly different figures, as 54% investors have placed orders for a buy position and 46% for a short.