Positions | Today | Yesterday | % Change | |
Longs | 52% | 47% | 9.62% | |
Shorts | 48% | 53% | -10.42% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
Alligator (13; 8; 5) | Buy | Neutral | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇒ |
The single European currency appreciated about 100 base points against the Japanese Yen on Wednesday. The currency pair dashed through a resistance cluster formed by the weekly and the monthly PPs at 128.95 during the end of yesterday's session.
The exchange rate broke a medium-term triangle pattern during Wednesday's trading session.
Given that a breakout had occurred, the next target for the currency exchange rate will be at a swing high of 130.17.
However, a brief pullback towards the three SMAs at 128.56 is expected within this session.