Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 35% | 36% | -3.4% |
Shorts | 65% | 64% | 1.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Neutral |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇒ |
During Friday's trading session, the currency exchange rate was supported by the 55-hour simple moving average after which, the rate slumped to the 111.40 level. On Monday morning, the rate resisted by the 100-hour SMA to be located at the 111.50 mark.
In regards to the near-term future, the rate will break the weekly pivot point at 111.46 mark to trade sideways at the 111.50 level.
However, the resistance levels of the 55-hour and the 100-hour simple moving averages could retrace the rate to push it to depreciate to the bottom boundary of the trend line at the 111.20 level.