EUR/JPY to trade sideways today

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 48% 52% -8.33%
Shorts 52% 48% 7.69%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Sell Buy Buy
Aggregate

The common European currency depreciated about 84 base points against the Japanese Yen on Friday. The currency pair tested the lower boundary of a triangle pattern at 128.40 during the end of the previous trading session.

The exchange rate was moving along the 50– and 100-hour simple moving averages at 128.96/128.81 and the weekly PP during the morning hours of Monday's session.

Technical indicators flash mixed signals today. Therefore, it is likely that the EUR/JPY currency exchange rate trade sideways during the following trading session.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.