| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 56% | 5.4% |
| Shorts | 41% | 44% | -7.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Eurozone single currency has surged by 59 basis points against the Japanese Yen since yesterday's trading session. The currency pair breached the 61.80% Fibonacci retracement level at 121.61 on Friday morning.
Everything being equal, the EUR/JPY exchange rate could make a brief downside retracement towards a support cluster formed by the combination of the 50– and 200– hour SMAs and the 50.00% Fibonacci retracement level at 121.33 within this
session.
A potential upside reversal could be expected from the support cluster, as mentioned above, during the following trading session.