Positions | Today | Yesterday | % Change | |
Longs | 46% | 53% | -15.22% | |
Shorts | 54% | 47% | 12.96% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇒ |
The common European currency depreciated about 100 base points against the Japanese Yen on Tuesday. The currency pair breached a support cluster at 128.58 during yesterday's session.
However, Wednesday's trading session begins with a bullish momentum, and by the middle of the day, the EUR/JPY exchange rate had gained about 61 bases points.
Technical indicators flash a sell signal both on the 4(H) and the daily time frames. Therefore, a potential southern reversal could occur at a swing high of 129.00 during the following trading session.