| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 30% | 28% | 6.1% |
| Shorts | 70% | 72% | -2.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The common European currency declined by 44 pips or 0.33% against the Japanese Yen on Thursday. The decline was stopped by the 50– hour simple moving average during Thursday's trading session.
All things being equal, the EUR/JPY exchange rate could edge higher during the following trading session. A breakout through the resistance level at 132.51 could occur.
However, if the resistance level holds, bearish traders are likely to pressure the currency exchange rate lower in this session.