Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 58% | 57% | 2.6% |
Shorts | 42% | 43% | -3.6% |
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) | Neutral | Neutral | Neutral |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇒ |
The Eurozone single currency appreciated about 50 basis points against the Japanese Yen on Wednesday.
The currency pair is currently trading near the upper boundary of a descending channel pattern at 120.19.
The EUR/JPY will most likely dash through the border of the descending channel pattern within this session.
However, if the channel pattern holds, a decline towards the monthly pivot point at 119.67 could be expected during the following trading session.