| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 35% | -12.5% |
| Shorts | 69% | 65% | 5.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
On Tuesday, the common European currency edged higher by 55 pips or 0.41% against the Japanese Yen. The 50– hour simple moving average continued to pressure the currency pair higher.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Buyers are likely to target the 134.00 level during the following trading session.
On the other hand, the currency exchange rate might make a retracement towards the 132.81 area within this session.