Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 43% | 37% | 13.8% |
Shorts | 57% | 63% | -10.4% |
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) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇗ |
Downside risks dominated the common European currency against the Japanese Yen on Wednesday. The currency pair fell by 86 pips or 0.65% during yesterday's trading session.
All things being equal, the exchange rate could continue to trend bearish during the following trading session. The potential target for the EUR/JPY pair will be near the 132.00 level.
However, the weekly support line at 132.65 could provide support for the currency exchange rate in the shorter term.