| Positions | Today | Yesterday | Change |
| Longs | 54% | 51% | 5.6% |
| Shorts | 46% | 49% | -6.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
Downside risks prevailed in the market on Thursday. As a result, the common European currency broke both the short and the medium-term ascending channel pattern.
As for the near future, it is possible that the currency exchange rate makes a brief retracement towards the 50-hour simple moving average at 125.01 during the following trade session.
However, it is important to note that a resistance cluster formed by the combination of the 100– and 200-hour SMAs at 124.90 could hinder such movement.
Meanwhile, technical indicators suggest that the overall market sentiment could remain bearish.