Positions | Today | Yesterday | % Change | |
Longs | 59% | 63% | -6.78% | |
Shorts | 41% | 37% | 9.76% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | 0 | 0 | 0 | |
RSI (14) | 4H | 1D | 1W | |
Stochastic (5; 3; 3) | Buy | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Neutral | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇒ | ⇘ | ⇒ |
The common European currency has continued to trade sideways against the Japanese Yen for the second consecutive trading session. The 200-hour simple moving average provided support for the currency pair at 124.50 during Thursday's trading session.
Everything being equal, it is likely that the euros will gain strength against the Yen today.
However, if the 200-hour SMA fails to hold, the EUR/JPY currency exchange rate will aim at a support cluster formed by the combination of the weekly and the monthly PPs at 123.12 during the following trading session.