| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 38% | 8.7% |
| Shorts | 58% | 62% | -6.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Since Monday afternoon, the EUR/USD currency pair has been trading sideways around the weekly S1 at 1.2161.
It is likely that the exchange rate could be pushed down by the 55-hour moving average near 1.2190. Note that the rate could gain support from the weekly S2 at 1.2099. If the given support level holds, a reversal north could follow.
In the meantime, it is unlikely that bulls could prevail in the market, and the currency pair could exceed the 1.2240/1.2260 area due to the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP.