Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 43% | 44% | -1.7% |
Shorts | 57% | 56% | 1.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇗ |
During Wednesday morning hours, the EUR/USD currency pair bounced off the 1.2170 level.
It is likely that some downside potential could prevail in the market due to the resistance area formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2130/1.2160 range.
Note that the exchange rate could face the support level formed by the weekly S1 at 1.2089. If the given level holds, a reversal north could occur. Otherwise, the rate could reach the 1.2070 mark.