Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 39% | 36% | 8.4% |
Shorts | 61% | 64% | -5.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Sell |
Alligator(13;8;5) | Sell | Buy | Neutral |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇒ |
During Monday's trading session, the currency exchange rate broke through the resistance of the 55-hour simple moving average to stay at the 111.00 level as it was predicted! On Tuesday morning, the rate was resisted by the 100-hour SMA to be located at the 111.37 mark.
Most likely, the 100-hour simple moving average will retrace the rate to depreciate to the 111.00 level.
On the other hand, the 55-hour simple moving average might support the US Dollar during today's US Consumer Price Index and Core Consumer Price Index data release at 12:30 GMT to push the rate to end the trading session below the weekly pivot point at the 111.37 mark.