| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 30% | 4.3% |
| Shorts | 69% | 70% | -2.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
During Wednesday's trading session, the 55-hour simple moving average retraced the rate to 1.2800. On Thursday morning, the currency exchange rate broke the resistance of the 55-hour simple moving average to stay at the 1.1308 mark.
In regards to the near-term future, it is expected that the rate will trade sideways between the 55-hour and the 200-hour simple moving averages at the 1.3220 level.
However, the European Single Currency could depreciate against the US Dollar during today's EU Main Refinancing Rate at 12:45 GMT to push the rate to break the pattern line at the 1.1280 mark.