| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 29% | -4.1% |
| Shorts | 72% | 71% | 1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
On Wednesday, the common European currency declined by 74 pips or 0.56% against the Japanese Yen. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
Technical indicators suggest selling signals on the 4H time-frame chart. Most likely, the EUR/JPY exchange rate could continue to trend lower in a descending channel pattern within this session.
However, sellers may encounter support at 131.59 during Thursday's trading session.