| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 71% | -2.5% |
| Shorts | 30% | 29% | 5.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
[ANNOUNCE]The common European currency appreciated about 64 basis points against the Japanese Yen on Monday. The 50– hour simple moving average provided resistance for the currency pair at 118.17.[/ANNOUNCE]
Currently, the exchange rate is moving towards the lower boundary of a descending channel pattern at 117.45.
If the support level holds, bulls would push the currency exchange rate higher within this session.
However, if the EUR/JPY breaks the channel pattern, the Eurozone single currency will continue its southern movement during the following trading session.