Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 72% | 2.6% |
Shorts | 26% | 28% | -7.6% |
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 | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
The single European currency depreciated about 61 base points against the Japanese Yen on Friday. A breakout occurred through the lower boundary of an ascending channel during Friday's trading session.
As for the near future, it is likely that the EUR/JPY currency pair will edge higher during the following trading session. Bullish traders could aim for a resistance level formed by the 200-hour SMA at 122.31.
However, the 50-hour simple moving average at 122.06 could prevent bulls from making some gains within this session.