Positions | Today | Yesterday | % Change | |
Longs | 42% | 38% | 9.52% | |
Shorts | 58% | 62% | -6.90% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇘ | ⇓ | ⇗ |
Wednesday's trading session was dominated by the bullish sentiment. After testing the combined resistance of the 55– and the 100—hour SMAs early on Thursday, the common European currency retraced briefly.
As shown on the chart, the currency pair remains relatively calm and was gradually moving north during the second part of the European trading session.
As for near future, the EUR/JPY pair might be tended northwards during the next trading session, and could likely breach the upper boundary of a dominant channel.