EUR/USD passes SMAs to 1.1340

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 46% 44% 4.35%
Shorts 54% 56% -3.70%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Neutral Sell Sell
SAR (0.02; 0.2) Sell Sell Buy
Aggregate

On Thursday morning, the currency exchange rate passed through the support levels of the 55-hour and the 100-hour simple moving averages to trade at the previously predicted 1.1340 level. 

In regards to the near-term future, most likely, the European Single Currency will be retraced by the bottom boundary of the descending medium pattern line at 1.1320 to surge to the 1.1400 level. 

However, the European Single Currency could depreciate against the US Dollar to the weekly S1 at 1.1315 during today's EU Main Refinancing Rate release at 13:45 GMT.

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.