Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 74% | -0.1% |
Shorts | 26% | 26% | 0.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Buy | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
During Tuesday's trading session, the Eurozone single currency made 78 pips movement against the Japanese Yen.
As for the near future, it is likely that the EUR/JPY exchange rate would continue its downward movement. Bearish traders could aim for a support level formed by the weekly S3 at 120.71.
However, a support cluster formed by the combination of the weekly S1 and the monthly S2 at 121.28 could provide support for the currency exchange rate during the following trading session.