| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 54% | 8.3% |
| Shorts | 41% | 46% | -11.7% |
| 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 | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The common European currency is gradually edging higher against the Japanese Yen. The currency pair tested a resistance level formed by the 50-hour simple moving average at 124.79 during yesterday's trading session.
Given that the currency exchange rate has breached the 50-hour SMA, the next target for bullish traders will be at the 100- or the 200-hour SMAs at 125.36/125.86 during the following trading session.
However, a resistance cluster formed by the combination of the weekly and the monthly PPs at 124.95 could pressure the EUR/JPY currency pair further south within this session.