| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 63% | 11.8% |
| Shorts | 28% | 37% | -30.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The EUR/JPY currency pair appreciated about 1.08% in value during yesterday's trading session. A breakout occurred through the upper boundary of a descending channel pattern.
The exchange rate was trading above a support level formed by the 200-hour simple moving average at 120.98 during the first half of Friday's trading session.
If this support level holds, a surge towards the weekly R1 at 121.59 could be expected within this session.
However, if the currency exchange rate breaks the support line, bearish traders could aim for a support cluster formed by the 50– and 100-hour SMAs near the 120.65 regions today.