Positions | Today | Yesterday | % Change | |
Longs | 40% | 39% | 2.50% | |
Shorts | 60% | 61% | -1.67% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Sell | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Neutral | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇒ |
In the second half of Friday the common European currency has entered into an 80-pips downfall against the Japanese Yen. Fortunately, the drop was stopped by the lower trend-line of a medium-term ascending channel. In result of the subsequent recovery, the currency pair left a short-term descending channel and broke through a combination of the 55- and 100-hour SMAs. Most likely, the Euro will continue to try to reach the 131.00 level, using the above support as a springboard. On the other hand, the 30-pips jump in the early morning suggests that there is a chance that the pair will, in contrast, slip to the updated weekly PP at 130.43, which is now additionally backed up by the 200-hour SMA. Nevertheless, the fall below this level is unlikely.