| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 52% | 52% | -0.8% |
| Shorts | 49% | 48% | 0.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Sell | Sell | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
The common European currency versus the Japanese Yen consolidated below the 50– hour simple moving average during Tuesday's trading session.
Technical indicators suggest selling signals on both the 4-hour and the daily time-frame charts.
Most likely, bearish traders will continue to pressure the EUR/JPY currency pair lower within this session.
However, if the currency exchange rate breaks the resistance level formed by the 50– hour SMA at 122.97, a surge towards the 124.00 area could be expected within this session.