Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 35% | 34% | 5.0% |
Shorts | 65% | 66% | -2.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Sell | Sell |
Stochastic(5;3;3) | Sell | Neutral | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
On Tuesday, the EUR/USD currency pair reversed north from the 200-hour moving average near 1.1730. During today's morning, the pair exceeded the 1.1820 level.
It is likely that the exchange rate could gain support from the 55– and 100-hour moving averages in the 1.1770 area and extend gains in the nearest future. In this case the rate could re-test the 2020 high at 1.1903.
Meanwhile, it is unlikely that bears could prevail in the market, and the currency pair could decline below the Fibo 61.80% at 1.1707 within the following trading session.