| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 47% | -1.1% |
| Shorts | 53% | 53% | 1.0% |
| 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 | ⇗ | ⇒ | ⇒ |
During Tuesday's trading session, the Eurozone single currency was trading near the lower boundary of a medium-term ascending channel pattern. The 100-hour simple moving average provided support for the pair at 126.30.
As for the near future, it is expected that the 50– and 100-hour SMAs will drive the EUR/JPY exchange rate towards a resistance level formed by the weekly R1 at 127.08.
If the resistance level as mentioned above holds, the currency exchange rate will make a brief retracement towards the 126.63 region within this session.