Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 38% | 37% | 2.7% |
Shorts | 62% | 63% | -1.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 4H | 1D | 1W |
RSI(14) | Buy | Buy | Buy |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
The common European currency rose by 75 basis points or 0.59% against the Japanese Yen on Thursday. The currency pair breached the 126.60 level during Thursday's trading session.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, the EUR/JPY pair could continue to edge higher during the following trading session.
However, a resistance level at 126.80 could provide resistance for the currency exchange rate within this session.