| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 35% | 32% | 7.5% |
| Shorts | 65% | 68% | -4.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
On Wednesday, the EUR/USD currency pair failed to exceed the resistance formed by the weekly PP and the 200-hour SMA circa 1.1840. During today's morning, the pair was testing the given resistance.
It is likely that the exchange rate could gain support from the 55– and 100-hour moving averages near 1.1820 and trade upwards in the short run. In this case the rate could target the 1.1880/1.1900 area.
However, if the predetermined resistance holds, it is likely that the currency pair could trade sideways within the following trading session.