| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
Since the beginning of November, the EUR/RUB currency pair has been trading upwards within an ascending channel.
From a theoretical point of view, it is likely that the European Common Currency could continue to appreciate against the Russian Ruble within the predetermined channel in the medium term.
In the meantime, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 90.50 area. Thus, a breakout south could occur, and the rate could decline to the Fibo 23.60% at 85.94.