Positions | Today | Yesterday | % Change | |
Longs | 36% | 38% | -5.56% | |
Shorts | 64% | 62% | 3.13% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇒ | ⇗ |
Downside risked dominated the EUR/JPY currency pair on Thursday. The common European currency ended yesterday's session with about 83 base points declined against the Japanese Yen.
The exchange rate breached the lower boundary of a long-term ascending channel at 131.05 during the first part of Friday's session.
Given that the currency exchange rate has tested a support cluster at 130.98, the next target for the price will be at the lower boundary of a one-week descending channel at 129.50.
On the other hand, if the support cluster as mentioned above holds, the rate could aim at the 100-hour SMA near the 131.50 mark within this session.