Positions | Today | Yesterday | % Change | |
Longs | 47% | 48% | -2.13% | |
Shorts | 53% | 52% | 1.89% | |
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) | Neutral | Neutral | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇒ | ⇒ |
The common European currency depreciated about 59 base points against the Japanese Yen on Monday. However, the decline was stopped by the monthly PP at 128.58. The currency pair regained its lost points during the end of Monday's session.
Today's trading session began with a strong bearish sentiment. By the middle of the day, a breakout through the lower boundary of a triangle formation pattern had occurred.
Given that a breakout had occurred, it is likely that the currency exchange rate will aim for the bottom border of an ascending trendline at 128.20 during the following trading session.