| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 61% | 62% | -1.0% |
| Shorts | 39% | 38% | 1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Eurozone single currency depreciated about 73 base points against the Japanese Yen on Friday. The decline began after the currency pair tested a resistance level formed by the monthly pivot point at 122.23.
Technical indicators flash sell signals on both the smaller and the larger time-frame chart. Therefore, it is likely that the EUR/JPY exchange rate will continue its downward movement within this session.
Although, if the currency exchange rate passes the weekly PP and the combination of the 50-, 100– and 200-hour SMAs today, a surge towards the weekly R1 at 122.13 could occur.