Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 36% | 37% | -3.8% |
Shorts | 64% | 63% | 2.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
During the previous trading session, the EUR/USD currency pair tried to surpass the 2018/2019 minimum at 1.1124. During today's morning, the pair reversed north.
Note, that the exchange rate is pressured by the 100– and 200-hour SMAs, currently located circa 1.1160. If the given resistance holds, it is likely, that a reversal south could occur in the nearest future, and the rate could re-test the given minimum.
Otherwise, it is expected, that the pair could target the upper boundary of the short-term descending channel located in the 1.1180/1.1190 range. Note, that the rate has to surpass the weekly PP at 1.1175.