Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 57% | 59% | -3.0% |
Shorts | 43% | 41% | 3.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇘ |
The common European currency has continued to edge lower against the Japanese Yen. The currency pair lost about 0.48% in value during yesterday's trading session.
The 50-hour simple moving average could still provide resistance for the exchange rate within this session.
Given that the 50-, 100– and 200-hour SMAs are above the price level and technical indicators suggest bearish signals, most likely, the EUR/JPY currency exchange rate might continue its southern movement during the following trading session.