Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 43% | 46% | -6.7% |
Shorts | 57% | 54% | 5.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇗ |
The common European currency has edged lower by 42 basis points against the Japanese Yen since yesterday's trading session. The currency pair breached the 23.60% Fibonacci retracement level at 122.13 during the Asian trading session on Tuesday.
As for the near future, the EUR/JPY exchange rate could continue to decline. The potential target will be at the 50.00% Fibonacci level at 121.47 within the following trading session.
However, the currency exchange rate might reverse north from the 38.20% Fibo at 121.77 during the following trading session.