| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 74% | 0.6% |
| Shorts | 25% | 26% | -1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
[ANNOUNCE]The common European currency appreciated about 75 base points against the Japanese Yen on Friday. The exchange rate breached the 200-hour simple moving average at 122.84 at the end of Friday's trading session.[/ANNOUNCE]
If the downside risks continue to prevail in the market, the currency pair could maintain the descending channel pattern today. The EUR/JPY pair could aim for a support level at 122.09.
On the other hand, if bulls continue on their last Friday's momentum, a potential breakout through the upper boundary of the descending channel pattern could occur during the following trading session.