Positions | Today | Yesterday | % Change | |
Longs | 38% | 33% | 13.16% | |
Shorts | 62% | 67% | -8.06% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇗ | ⇗ |
On Wednesday, Dukascopy analysts described two possible scenarios for the EUR/JPY currency exchange rate. One of those scenarios has become reality.
Namely, the currency pair found support in the 100-hour SMA and began a surge, which eventually broke the resistance of the upper trend line of the previously discovered junior channel down pattern.
Due to that reason the currency rate was already half way on the set target of that scenario. The target of the pair was the combined resistance of the upper trend line of a dominant channel up pattern and the monthly first resistance at 136.50.