Positions | Today | Yesterday | % Change | |
Longs | 61% | 61% | 0.00% | |
Shorts | 39% | 39% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇗ | ⇘ |
The European Single Currency appreciated 0.13% since Thursday's trading session. The currency rate was piercing the weekly pivot point at the 1.16 level during Friday morning hours.
The EUR/USD should move upwards to the upper boundary of the medium channel due to the strong support of the 55-hour and 100-hour SMAs, which most likely will support the rate during today's trading session.
In another scenario, the European Single Currency might be stopped by the 200-hour SMA and the additional resistance of the weekly PP at the 1.1640 level and move downwards to the 1.16 level.