| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 75% | -3.3% |
| Shorts | 28% | 25% | 8.5% |
| 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) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The common European currency has depreciated about 50 base points against the Japanese since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern at 122.12 during the morning hours of Friday's trading session.
Given that a breakout had occurred, it is likely that the EUR/JPY currency pair will continue its downward momentum within this session. Bears could aim for the weekly S1 at 121.38.
Meanwhile, technical indicators flash sell signals on the 4(H) time-frame chart.