| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 57% | 3.6% |
| Shorts | 41% | 43% | -5.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The 50– hour simple moving average has continued to pressure the single European currency against the Japanese Yen. The currency pair declined by 71 pips or 0.60% during the first half of Friday's session.
As for the rest of Friday's trading session, the EUR/JPY exchange rate will most likely continue to edge lower. The possible target will be near the weekly S3 at 115.45.
Although, a support cluster formed by the weekly S2 and the monthly S1 at the 116.11 area could provide support for the currency exchange rate during the following trading session.