| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 40% | 3.9% |
| Shorts | 59% | 60% | -2.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Tuesday, the EUR/USD currency pair tested the support formed by the 200-hour SMA. During today's morning, the pair declined to 1.1020.
It is likely that the exchange rate could face resistance formed by the 55– and 100-hour SMAs and trade downwards in the short run. In this case the rate could re-test the 1.1000 level.
It is unlikely that bulls could prevail in the market in the nearest future, and the currency pair could exceed the weekly PP located at 1.1061. Also, note that the US ISM Non-Manufacturing data release at 15:00 GMT could impact the pair.