| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 57% | -13.5% |
| Shorts | 50% | 43% | 13.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The price movement of the single European currency versus the Japanese Yen was guided by a downside sentiment during Wednesday's trading session. The currency pair declined by about 68 base points on Wednesday.
The exchange rate breached the 50– and 100-hour SMAs during the first half of today's trading session.
Everything being equal, it is likely that the EUR/JPY currency pair will aim for a swing high of 125.73 during the following trading session.
However, technical indicators demonstrate that the currency exchange rate could edge lower today.