Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 51% | 53% | -3.1% |
Shorts | 49% | 47% | 3.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Sell |
Alligator(13;8;5) | Sell | Buy | Sell |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇒ | ⇘ |
Downside risks dominated the common European currency against the Japanese yen on Thursday. The currency pair depreciated about 109 basis points during yesterday's trading session.
Given that a breakout had occurred through the lower boundary of an ascending channel pattern, the EUR/JPY exchange rate might continue to fall until it reaches a support level at 119.98.
If the support level holds, a surge towards the 120.73 regions could be expected during the following trading session.