Positions | Today | Yesterday | % Change | |
Longs | 46% | 46% | 0.00% | |
Shorts | 54% | 54% | 0.00% | |
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 | Neutral | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇘ | ⇓ | ⇒ |
The bearish momentum has guided the common European currency down against the Japanese yen. By the end of Thursday's trading session, the currency pair has reached a nine-month low at 129.02.
The EUR/JPY exchange rate introduced no significant change during Friday's session. However, the rate has moved to the bottom border of a channel down and could be set for a breakout.
According to technical indicators, some downside potential is still possible within this trading session.