Positions | Today | Yesterday | % Change | |
Longs | 43% | 38% | 11.63% | |
Shorts | 57% | 62% | -8.77% | |
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) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇗ | ⇒ | ⇘ |
A one-week junior ascending channel has guided the movement of the Eurozone single currency against the Japanese yen. The currency pair bounced off its lower boundary on September 10 followed by a short-term upside wave.
The overall positioning of the exchange rate could change today due to outside pressure. Namely, the European Main Refinancing rate and the ECB Press Conference data releases scheduled at 11:45 and 12:30 GMT.
If the EUR/JPY currency exchange rate maintains the technical analysis prediction, the potential targets for the pair could be near the psychological mark at 130.00 during the following trading session.