Positions | Today | Yesterday | Change |
Longs | 53% | 51% | 4.5% |
Shorts | 47% | 49% | -5.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
The 50-hour simple moving average pulled down the Eurozone single currency against the Japanese Yen on Friday. The pair depreciated about 0.42% during Friday's trading session.
The currency pair started Monday's trading session with an upside movement. By the middle of the day, the EUR/JPY pair has breached a resistance level at 124.94.
As for the near future, it is likely that bullish traders push the currency exchange rate towards a resistance cluster formed by the weekly PP and the 100-hour SMA at 124.80.
However, technical indicators suggest that the pair will continue its southern movement today.