| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 53% | 54% | -1.6% |
| Shorts | 47% | 46% | 1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The 50– hour simple moving guided the Eurozone single currency against the Japanese Yen on Monday. The currency pair made about 65 basis points move or 0.52% during yesterday's trading session.
The exchange rate bounced off from a support cluster formed by the 50– and 100– hour SMAs at 124.46. Most likely, the EUR/JPY pair could edge higher within this session. A breakout through the upper boundary of an ascending channel pattern might occur.
However, if the channel pattern holds, a decline towards the weekly pivot point at 124.02 could be expected today.