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 single European currency has appreciated about 92 base points against the Japanese Yen since January 15. The currency pair breached both the 50-, 100– and 200-hour SMAs during Friday's trading session.
The exchange rate is currently testing a support level formed by the 100-hour simple moving average at 124.94.
If this support level holds, bullish traders will try to target a swing high of 125.47 within this session.
On the other hand, if the currency exchange rate passes the 100-hour SMA, a decline towards the 124.40 mark could be expected.