Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 30% | -10.1% |
Shorts | 73% | 70% | 3.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
On Friday, the EUR/USD currency pair re-tested the 1.1140 level. During today's morning, the pair raised to the 100-hour SMA at 1.1190.
If the given moving average holds, it is likely that a reversal south could occur in then nearest future. Note that in this case the exchange rate could face the support formed by the 200-hour SMA and the monthly PP at 1.1153.
However, if the given resistance does not hold, the Euro could continue to extend gains against the Greenback in the short run. A possible upside target is the weekly R1 at 1.1226.