Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 69% | 5.4% |
Shorts | 27% | 31% | -14.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Buy | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇒ |
The common European currency depreciated about 110 base points against the Japanese Yen on Tuesday. The currency pair was pressured south by the 50-hour simple moving average.
Currently, the exchange rate is testing a support level formed by the weekly S3 at 123.13.
If this support level holds, the currency exchange rate will aim for a resistance cluster at 124.14 within this session.
However, if the EUR/JPY pair passes the support level, a breakout through the lower boundary of a descending channel pattern could be expected today.