Positions | Today | Yesterday | % Change | |
Longs | 44% | 41% | 6.82% | |
Shorts | 56% | 59% | -5.36% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Neutral | Neutral | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇒ | ⇒ |
The common European currency showed some volatility against the Japanese Yen on Monday, as bulls traders ended the session with 63 base point or 0.49%profit.
This high volatility continued on Tuesday, as bulls erased all the gains made by bears during the previous trading sessions. Furthermore, the currency pair booked a two-week high level by the middle of the European session.
Technical sentiment suggests the currency exchange rate is located in the overbought zone. Therefore, a brief retracement down could be expected within this trading session.