Positions | Today | Yesterday | Change |
Longs | 54% | 51% | 5.6% |
Shorts | 46% | 49% | -6.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇘ | ⇘ |
The common European currency appreciated about 79 base points against the Japanese Yen on Tuesday. The currency pair has revealed a new junior ascending channel pattern.
After hitting the upper boundary of the junior ascending channel at 125.53, the exchange rate made a pullback down.
Most likely, the currency exchange rate will continue its decline towards a support level at 124.80 within this session.
If the support level holds, a potential bullish sentiment could be introduced during the following trading session.