Positions | Today | Yesterday | % Change | |
Longs | 0% | 52% | #DIV/0! | |
Shorts | 100% | 48% | 52.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇗ |
The single European currency appreciated about 67 base points against the Japanese Yen on Monday. The surge was briefly stopped by the 50– and 100-hour SMAs at 129.80.
Today's session begins with a bullish momentum, as a result, the currency pair dashed through the SMAs as mentioned above. Currently, the rate is trading near a resistance level formed by the weekly PP at 130.07.
As for the near future, it is likely that the EUR/JPY currency exchange rate makes a temporary retracement south towards the 129.50 regions during the following trading session.