Positions | Today | Yesterday | % Change | |
Longs | 43% | 41% | 4.65% | |
Shorts | 57% | 59% | -3.51% | |
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 | Buy | Buy | |
Aggregate | ⇘ | ⇒ | ⇒ |
The common European currency depreciated about 113 base points against the Japanese Yen on Friday. The currency pair breached both the 50-, 100-, and 200-hour SMAs during the previous session.
Today's session began with a bullish momentum, and by the middle of the day, the exchange rate has dashed through the 23.60% Fibonacci retracement level at 128.29.
As for the near future, it is likely that the currency exchange rate aim at a resistance cluster formed by the combination of the 50– and 100-hour SMAs and the 50% fibo level at 128.62.