| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 31% | -16.8% |
| Shorts | 73% | 69% | 6.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
On Wednesday, the EUR/USD currency pair skyrocketed to the monthly R1 at 1.1138. During today's morning, the pair reversed south.
It is likely that some downside potential could prevail in the market, and the exchange rate could decline to the support formed by the 55-, 100– and 200-hour SMAs, currently located in the 1.1082/1.1101 area.
However, note that the currency pair could gain support of the weekly R1 at the 1.1118 mark. If the given support level holds, the Euro could consolidate against the US Dollar in the short run.