Positions | Today | Yesterday | % Change | |
Longs | 39% | 42% | -7.69% | |
Shorts | 61% | 58% | 4.92% | |
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 | Sell | Sell | |
Aggregate | ⇗ | ⇒ | ⇘ |
During Tuesday morning hours, the European Single currency depreciated by 51 pips or 0.45% to trade below the 50.00% Fibonacci retracement level at the 1.1440 mark.
In regards to the near-term future, the rate will surge upwards to meet the weekly R1 at the 1.1493 mark. Besides, the 55-hour simple moving average may support the surge for the rest of the trading session.
However, the weekly R1 could retrace the EUR/USD to push the rate to stay at the 1.1480 level during the day.