| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 68% | -68.1% |
| Shorts | 59% | 32% | 46.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Sell | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Neutral | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The common European currency has surged by 111 points or 0.90% against the Japanese Yen since Monday's trading session. The currency pair breached a resistance cluster at 124.40 on Monday.
Everything being equal, the EUR/JPY exchange rate could make a brief retracement towards the 50– and 100– hour SMAs at 123.88 during the following trading session.
However, a support cluster formed by the monthly pivot point and the weekly R1 at 124.34 might provide support for the currency exchange rate in the shorter term.