Positions | Today | Yesterday | % Change | |
Longs | 54% | 51% | 5.56% | |
Shorts | 46% | 49% | -6.52% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Neutral | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The Euro has managed to regain some of its lost positions during the first part of Tuesday's trading session. The decline of the currency pair was stopped by the weekly pivot point at 130.94.
The exchange rate reached the 61.80% Fibonacci retracement level and retraced to the north. This retracement can be measured by connecting the low at 129.44 and the high at 133.06.
The combined support set by the 55– and 100-hour SMAs at 131.38 proved to have enough strength to push the pair higher for a test of a resistance cluster set by the weekly and monthly PPs near the 132.54 mark.