Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 72% | 1.3% |
Shorts | 27% | 28% | -3.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇒ | ⇒ |
The Eurozone single currency appreciated about 106 base points against the Japanese Yen on Tuesday. The exchange rate made a new high at 123.73 during yesterday's trading session.
The currency pair is currently testing the 50-hour simple moving average at 123.06.
If the support level formed by the 50-hour SMA holds, a surge towards the monthly pivot point at 123.81 could be expected within this session.
On the other hand, if the EUR/JPY currency exchange rate passes the support level, bears are likely to aim for the lower boundary of an ascending channel pattern at 122.59.