Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 47% | 41% | 14.2% |
Shorts | 53% | 59% | -12.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 4H | 1D | 1W |
RSI(14) | Buy | Sell | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇗ |
The Eurozone single currency declined by 75 basis points or 0.61% against the Japanese Yen on Tuesday. The currency pair tested the 100– hour simple moving average at 124.01 during Tuesday's trading session.
Technical indicators suggest buying signals on the 4-hour time-frame chart. Most likely, bulls could pressure the exchange rate higher during the following trading session.
However, if the currency exchange rate breaks the 100– hour simple moving average, a decline towards the weekly pivot point at 123.33 could be expected within this session.