| 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 | ⇘ | ⇓ | ⇘ | |
Demand for the US Dollar increased on Tuesday which was boosted by positive growth in the US Treasury bonds. As a result, bulls pushed the rate past the 200-hour SMA and bounded it between this moving average and a trend-line near the 106.50 area.
Technical indicators favour the prevalence of the bearish sentiment today, as already indicated by a slight period of consolidation. From purely technical point of view, the Greenback should continue fluctuating between two trend-lines and thus target the 105.80 area within the following days. However, it is likely that traders are reluctant to breach the 200-, 55– and 100-hour SMAs prior to the FOMC statement at 1800GMT.
Given today's fundamentals, a possible trading range is relatively wide, i.e., between 106.00 and 107.00.