Positions | Today | Yesterday | % Change | |
Longs | 46% | 47% | -2.17% | |
Shorts | 54% | 53% | 1.85% | |
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 | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇘ | ⇒ |
The common European currency appreciated about 54 base points against the Japanese Yen on Monday. The currency pair has reversed a new junior ascending channel pattern.
The exchange rate breached both the 200-hour simple moving average at 128.58 and the monthly pivot point at 128.71 during the morning hours of Monday's trading session.
Everything being equal, it is likely that the EUR/JPY currency exchange rate aim for the upper boundary of a descending trendline at 129.00 during the following trading session.