| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
[ANNOUNCE]The common European currency has declined by 2.45% against the Russian Ruble since April 7. The decline was stopped by the 50– period simple moving average at 90.55 during yesterday's trading session.[/ANNOUNCE]
All things being equal, the exchange rate is likely to edge higher during the following trading sessions. The potential target for the EUR/RUB pair will be near the 93.00 area.
However, if the currency exchange rate breaks the support line formed by the 50– period SMA, a decline towards the 89.00 level could be expected during next week's trading sessions.