| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 49% | 51% | -5.5% |
| Shorts | 51% | 49% | 5.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The common European currency surged by 61 pips or 0.50% against the Japanese Yen on Monday. The currency pair tested the 123.90 level during yesterday's trading session.
The EUR/JPY exchange rate is currently trading near the monthly resistance level at 124.00.
If the pair breaks the monthly resistance level, a surged towards the 124.50 level could be expected today.
However, if the resistance line holds, bearish traders could target the weekly pivot point at 123.37 within this session.