Positions | Today | Yesterday | % Change | |
Longs | 53% | 49% | 7.55% | |
Shorts | 47% | 51% | -8.51% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Neutral | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The previously described scenario on Wednesday regarding the Euro did come into reality. The currency pair breached the lower boundary of a junior channel during the early hours of the Asian session.
By the middle of Thursday's, the currency exchange rate has also breached the 55– hour simple moving average near the 242.39 area.
Due to this reason, the EUR/JPY pair is likely to continue its decline until the pair finds a support cluster set by the 100– and 200—hour SMAs at 130.99. in addition, technical indicators flash mixes signals.