Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 52% | 53% | -2.5% |
Shorts | 48% | 47% | 2.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Neutral |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇒ |
The common European currency rose by 26 pips or 0.20% against the Japanese Yen on Monday. The currency pair breached the resistance line at 129.65 during Monday's trading session.
Given that a breakout has occurred from the resistance level at 129.65, bullish traders are likely to continue to drive the EUR/JPY pair higher during the following trading session.
However, the currency exchange rate could encounter resistance near the psychological level at 130.00 within this session.