| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 75% | 0.5% |
| Shorts | 25% | 26% | -1.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
During the previous trading session, the Eurozone single currency rose by 0.85% in value against the Japanese Yen. The currency pair breached the weekly R1 at 123.20.
The EUR/JPY exchange rate is currently testing a support level formed by the 50-hour simple moving average at 122.64.
If this support level holds, the currency exchange rate will continue its upside movement within this session.
Though, if the pair passes the 50-hour SMA, a breakout through the bottom border of an ascending channel pattern could occur in a short while.