Positions | Today | Yesterday | % Change | |
Longs | 33% | 35% | -6.06% | |
Shorts | 67% | 65% | 2.99% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Sell | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇒ | ⇒ | ⇘ |
During the previous trading session, the currency exchange rate surged to the 50.00% Fibonacci retracement level at 1.3163, breaking the previously drawn pattern line at the 1.3100 mark. On Monday morning, the rate was located above the 50.00% Fibo at the 1.3171 mark.
In regards to the near-term future, most likely, the rate will be trading sideways to stay between the 50.00% Fibo and the weekly pivot point at 1.3084.
On the other hand, the 55-hour simple moving average could support the rate to push it to trade at the 1.3200 level.