Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 37% | 38% | -2.7% |
Shorts | 63% | 62% | 1.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Sell | Sell |
Stochastic(5;3;3) | Sell | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
The single European currency declined by 41 pips or 0.31% against the Japanese Yen on Monday. The EUR/JPY currency pair breached the 50– hour simple moving average during yesterday's trading session.
Technical indicators flash buying signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could edge higher within the following trading session.
However, a resistance level at 130.45 could provide a barrier for buyers during Tuesday's trading session.