Positions | Today | Yesterday | % Change | |
Longs | 43% | 44% | -2.33% | |
Shorts | 57% | 56% | 1.75% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇒ | ⇒ |
Upside risks prevailed in the market on Tuesday and thus allowing the single European currency to strengthened by 144 base points against the Japanese Yen. This made the exchange rate breached some significant resistance levels. Namely, the weekly and the monthly pivot points and the combination of the 55-, 100-, and 200-hour SMAs.
By the end of Tuesday's trading session, the currency pair has reached a two-week high level at 131.12.
Given that the three simple moving averages are located below the price, the currency exchange rate could continue moving in the ascending channel during the following trading session.