| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 72% | 2.0% |
| Shorts | 26% | 28% | -5.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Buy |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The 50-hour simple moving average guided the EUR/JPY currency pair up during yesterday's trading session.
The exchange rate breached the 50-hour SMA at 122.85 during the morning hours of today's trading session.
Given that a breakout had occurred, most likely, the common European currency could edge lower against the Japanese Yen today.
The potential downside target for bearish traders will be near a support level formed by the 100-hour SMA at 122.54 during the following trading session.