| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 42% | 12.3% |
| Shorts | 53% | 58% | -11.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The Eurozone single currency surged by 94 pips or 0.76% against the Japanese Yen on Thursday. The currency pair reversed from a support cluster formed by the 50-, 100– and 200– hour SMAs during yesterday's trading session.
As for today's session, bullish traders could continue to push the exchange rate higher. The potential target will be near 4 hours time-frame resistance level at 124.90.
Although, the weekly resistance level at 124.59 could provide a barrier for the EUR/JPY currency exchange rate within the following trading session.