Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 57% | 57% | 0.0% |
Shorts | 43% | 43% | 0.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇒ |
The single European currency depreciated about 59 base points against the Japanese Yen on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern at the end of yesterday's trading session.
The currency pair is currently stranded between SMAs. The 50– and 100-hour SMAs are providing resistance for the pair at 125.30, while the 200-hour simple moving average is providing support for the rate at 125.05.
Technical indicators flash sell signals on the daily time-frame. Therefore, the decline of the currency exchange rate could continue during the following trading session.