Positions | Today | Yesterday | % Change | |
Longs | 29% | 39% | -34.48% | |
Shorts | 71% | 61% | 14.08% | |
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) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇒ |
During Friday's trading session, the currency exchange rate passed through the support level of the 55-hour simple moving average to end the trading session at 1.1453. On Monday morning, the rate was located between the 55-hour and the 100-hour SMAs at the 1.1445 mark.
In regards to the near-term future, most likely, the European Single Currency will trade sideways to stay at 1.1450 during the day.
However, the weekly pivot point at the 1.1454 mark and the 55-hour simple moving average could retrace the rate to push it to pass through the support level of the monthly pivot point at 1.1435.