Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 37% | 40% | -8.4% |
Shorts | 63% | 60% | 4.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Sell | Neutral |
Stochastic(5;3;3) | Sell | Sell | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
On Tuesday, the EUR/USD currency pair skyrocketed to the weekly R2 at 1.2075.
If the predetermined resistance level holds, it is likely that a reversal south could occur in the nearest future. Note that the exchange rate could gain support from the 55-hour SMA and the weekly R1 in the 1.2000/1.2020 area.
If the given support holds, a reversal north could follow. Otherwise, the currency pair could target the support formed by the weekly PP and the 200-hour moving average circa 1.1920.