EUR/USD trades at 1.1320

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 53% 53% 0.00%
Shorts 47% 47% 0.00%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Neutral Sell Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate

During Wednesday's trading session, the European Single Currency surged to 1.1340 level to end the trading session at the 1.1311 mark. During Thursday morning hours, the currency exchange rate was resisted by the 200-hour simple moving average to trade at the 1.1323 mark. 

In regards to the near-term future, most likely, the currency exchange rate will move sideways between the 200-hour and the 100-hour SMAs at the 1.1300 level.

On the other side, today's US Retail Sales data release at 13:30 GMT may push the rate to break the 200-hour SMA to trade near the monthly PP at 1.1413 or move the rate downwards to trade near the 61.80% Fibo at the 1.1203 mark.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.