| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 75% | -0.9% |
| Shorts | 26% | 25% | 2.5% |
| 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 | ⇗ | ⇗ | ⇘ |
On Monday, the common European currency depreciated about 112 base points against the Japanese Yen. The decline was stopped by the 200-hour simple moving average.
Currently, the exchange rate is stranded between SMAs. The 50– and 100-hour SMAs are providing resistance, while the 200-hour moving average is providing support for the pair.
By and large, a breakout is likely to occur within this session. Technical indicators suggest that the currency exchange rate might make an upside reversal today.