Positions | Today | Yesterday | % Change | |
Longs | 40% | 40% | 0.00% | |
Shorts | 60% | 60% | 0.00% | |
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 | Buy | Sell | |
Aggregate | ⇗ | ⇗ | ⇘ |
The common European currency appreciated by 105 base points against the Japanese Yen on Tuesday. The currency pair was guided higher by the 50-hour simple moving average.
The exchange rate was located near a resistance cluster formed by the combination of the weekly and the monthly pivot points at 131.64 during the first part of Wednesday's session.
If the resistance level holds, the EUR/JPY currency exchange rate could make a temporary retracement down towards a support line set by the 50-hour SMA at 131.00 within this session.