Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 26% | 31% | -21.1% |
Shorts | 74% | 69% | 7.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Buy | Neutral | Sell |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇒ |
The common European currency rose by 42 pips or 0.32% against the Japanese Yen on Wednesday. The surge was stopped by the 50– hour simple moving average during yesterday's trading session.
Technical indicators flash sell signals on the 4H time-frame chart. Most likely, sellers could pressure the EUR/JPY exchange rate lower during the following trading session.
However, a support level at 129.66 could provide support for the currency exchange rate within this session.