Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 35% | 36% | -1.5% |
Shorts | 65% | 64% | 0.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
During Tuesday's trading session, the 100-hour simple moving average supported the rate to reach the 1.3300 level. During Wednesday's morning hours, the 55-hour and the 100-hour simple moving averages retraced the rate to the 1.3222 mark.
In regards to the near-term future, most likely, the 200-hour simple moving average will support the currency exchange rate to push it to trade at the 1.3250 level.
On the other hand, today's UK CPI release at 9:30 GMT might push the rate to pass through the support level towards the 50.00% Fibo at the 1.3163 mark.