Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 67% | 74% | -10.3% |
Shorts | 33% | 26% | 21.2% |
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) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
The Eurozone single currency rose by 230 pips or 1.87% against the Japanese Yen on Monday. The currency pair tested the 125.00 level during yesterday's trading session.
Technical indicators flash buying signals on the 4-hour time frame chart. Most likely, bullish traders could continue to drive the exchange rate higher during the following trading session.
On the other hand, the EUR/JPY currency exchange rate might make a brief retracement towards the 50– hour moving average support level at 123.45 within this session.