Positions | Today | Yesterday | % Change | |
Longs | 33% | 34% | -3.03% | |
Shorts | 67% | 66% | 1.49% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
Following a long period of surge during the previous trading session, bears has managed to take over the movement. The sway is likely to continue until the pair reaches the lower boundary of the dominant channel.
By the middle of Thursday's trading session, the pair was stranded between the SMAs.
The combination of the 100—hour and 200 –hour SMAs is providing support near the 0.734 mark. It is likely that the 100—100 and 200—SMAs might provide enough support to push the price north.