| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 43% | 42% | 0.7% |
| Shorts | 57% | 58% | -0.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
On Friday, the Eurozone single currency declined by 47 pips or 0.36% against the Japanese Yen. The 50– hour simple moving average pressured the exchange rate lower during Friday's trading session.
Everything being equal, the EUR/JPY currency pair could continue to trend lower during the following trading session. The possible target for bears would be near the 129.40 area.
However, a support level at 129.70 could provide support for the currency exchange rate in the shorter term.