| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 47% | -12.9% |
| Shorts | 59% | 53% | 9.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
Downside risks have dominated the common European currency against the Japanese Yen since Wednesday's trading session. The currency pair has lost about 0.75% in value during the last 24 hours.
Everything being equal, it is likely that the EUR/JPY exchange rate will regain some of its lost position during the following trading session. The potential upside target will be near a resistance cluster at 126.47.
However, given that a breakout had occurred through the lower boundary of an ascending channel pattern, the decline of the currency exchange rate could continue today.