Positions | Today | Yesterday | Change |
Longs | 51% | 57% | -11.8% |
Shorts | 49% | 43% | 12.2% |
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 | ⇒ | ⇘ | ⇘ |
A breakout occurred through the upper boundary of a junior descending channel pattern on Monday. The single European currency gained about 0.40% in values against the Japanese Yen.
The currency pair is currently moving towards the lower boundary of an ascending trendline and could be set for a second breakout.
If the EUR/JPY currency exchange rate passes the support level formed by the lower boundary of the uptrend line at 124.40, the next level will be at a swing low of 124.18.
However, if the support level holds, the pair could aim for a test of the 200-hour SMA at 124.96 within this session.