EUR/USD is supported by 100-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
 Positions Today Yesterday Change
 Longs 37% 37% 0.0%
 Shorts 63% 63% 0.0%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Buy Sell Sell
 RSI(14) Neutral Neutral Neutral
 Stochastic(5;3;3) Neutral Neutral Neutral
 Alligator(13;8;5) Buy Sell Sell
 SAR(0.02;0.2) Buy Buy Sell
 Aggregate

On Friday, the European Single Currency was trading between the 55-hour and the 100-hour simple moving average at the 1,1340 mark. 

In regards to the near-term future, most likely, the 100-hour simple moving average will support the rate to push it to the 1,1360 level.  

On the other hand, the resistance level of the weekly R1 at 1,1345 could resist the currency exchange rate to pass through the SMAs to the 1,1300 level.

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.