Positions | Today | Yesterday | Change |
Longs | 44% | 44% | 0.0% |
Shorts | 56% | 56% | 0.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Neutral | Buy | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇒ | ⇓ |
During the previous trading session, the currency exchange rate was trading sideways at the 110.00 level as it was predicted. On Monday morning, the rate was resisted by the 55-hour SMA at the 110.59 mark.
In regards to the near-term future, it is expected that the 55-hour simple moving average will support the rate to help it to break the resistance level of the 100-hour SMA. In this case, the rate will surge to the 61.80% Fibo at 110.77.
On the other hand, the resistance levels of the 55-hour and the 100-hour SMAs could resist the rate to the weekly pivot point at 110.46.