| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 48% | 52% | -8.8% |
| Shorts | 52% | 48% | 8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The single European currency declined by 70 basis points or 0.56% against the Japanese Yen during the first half of Thursday's trading session. The exchange rate rebounded at the end of the day.
Currently, the currency pair is testing a support level formed by the 100– hour simple moving average at 124.92.
If the support line holds, bullish traders could pressure the EUR/JPY pair higher within this session.
However, if the currency exchange rate breaks the 100– hour SMA, the next target for bears will be near the monthly PP at 124.29.