| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 71% | 4.05% | |
| Shorts | 26% | 29% | -11.54% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇘ | |
[ANNOUNCE] After reaching a new 2017/2018 low of 104.67 late on Friday, the US Dollar picked up momentum and had therefore shot up to 105.80 by Tuesday morning.[/ANNOUNCE].
This rapid change in sentiment was due to investors re-gaining confidence in global markets and thus relocating their funds from safe-haven currencies, including the Japanese Yen. The Greenback dashed through the 55– and 100-hour SMAs and the weekly PP during the previous session and, at the time of this analysis, was testing the 200-hour moving average. This line is located near the weekly R1 and the prevailing trend-line circa 106.00.
It is likely that bulls do not have sufficient strength to overcame this resistance after yesterday's surge, thus allowing for a minor decline today. A possible downside target is the 55-hour SMA at 105.00.