Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 55% | 53% | 3.8% |
Shorts | 45% | 47% | -4.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 4H | 1D | 1W |
RSI(14) | Buy | Buy | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇒ |
Upside risks dominated the common European currency against the Japanese Yen on Tuesday. The currency pair surged by 141 pips or 1.13% during yesterday's trading session.
Given that a breakout had occurred, the exchange rate could continue to edge higher during the following trading session. The potential target for the EUR/JPY pair would be at the 127.00 level.
However, the currency exchange rate might make a brief retracement towards the 125.50 area within this session.