Positions | Today | Yesterday | % Change | |
Longs | 54% | 56% | -3.70% | |
Shorts | 46% | 44% | 4.35% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇘ | ⇒ |
The single European currency appreciated by 71 base points against the Japanese Yen on Monday. A breakout through the upper boundary of a dominant descending channel occurred has predicted by the analyst.
Today's session begins with a bearish sentiment and by the middle of Tuesday's trading session, the currency pair has fallen by 40 base points. Presently, the exchange rate is moving towards a support cluster formed by the 50-hour simple moving average and the monthly PP at the 128.95 region.
If the support level holds, the EUR/JPY currency pair is likely to make a U-turn north within this session.