| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 43% | 39% | 7.3% |
| Shorts | 57% | 61% | -5.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The single European currency climbed by 66 pips or 0.52% against the Japanese Yen on Monday. The currency pair breached the weekly R2 at 127.83 during yesterday's trading session.
Tuesday's trading session began with bullish momentum. Most likely, a breakout through the upper boundary of an ascending channel pattern could occur within the following hours.
However, if the channel pattern holds, bearish traders might pressure the EUR/JPY currency exchange rate lower today.