| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 69% | 62% | 10.5% |
| Shorts | 31% | 38% | -23.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Eurozone single currency has surged by 109 pips or 0.94% against the Japanese Yen since Friday's trading session. The currency pair breached the upper boundary of a junior descending channel pattern on Monday morning.
Given that the EUR/JPY exchange rate has breached the upper border of the junior channel, a surge towards the 117.00 area could occur during the following trading session.
However, technical indicators suggest that the currency exchange rate might edge lower within this session.