EUR/JPY could make brief pullback - Technical Analysis - Dukascopy Bank
Tue, 10 Nov 2020 07:58:37 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
67%
74%
-10.3%
Shorts
33%
26%
21.2%
Indicator
4H
1D
1W
MACD(12;26;9)
4H
1D
1W
RSI(14)
Buy
Sell
Buy
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Buy
Buy
Sell
SAR(0.02;0.2)
Buy
Sell
Buy
Aggregate
⇗
⇒
⇒
The Eurozone single currency rose by 230 pips or 1.87% against the Japanese Yen on Monday. The currency pair tested the 125.00 level during yesterday's trading session.
Technical indicators flash buying signals on the 4-hour time frame chart. Most likely, bullish traders could continue to drive the exchange rate higher during the following trading session.
On the other hand, the EUR/JPY currency exchange rate might make a brief retracement towards the 50– hour moving average support level at 123.45 within this session.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.