Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 69% | 68% | 1.8% |
Shorts | 31% | 32% | -3.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
During the first part of yesterday's trading session, the Eurozone single currency declined by 211 pips or 1.77% in value against the Japanese Yen. However, the currency pair made a U-turn from the weekly S1 at 117.19 and regained some of its lost points at the end of Monday's session.
As for the near future, the exchange rate could make a slight upward movement towards the 120.50 area.
Although, a resistance level formed by the monthly pivot point at 119.64 could provide resistance for the EUR/JPY currency exchange rate within the following trading session.