Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 75% | 70% | 6.3% |
Shorts | 25% | 30% | -18.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
The common European currency appreciated by 59 basis points against the Japanese Yen on Thursday. The surge was stopped by the upper line of a descending trendline.
Given that the currency pair has breached the 50– and 100– hour SMAs, most likely, bearish traders might dominate the EUR/JPY pair during the following trading session.
The currency exchange rate could end today's trading session near a support level formed by the weekly S1 at 116.94.