Positions | Today | Yesterday | % Change | |
Longs | 31% | 35% | -12.90% | |
Shorts | 69% | 65% | 5.80% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇒ | ⇑ |
Despite signals pointing to a possible recovery during the previous session, EUR/JPY failed to overcome the bearish pressure, thus ending the day with a 122-pip fall.
The situation changed early today when the pair reversed from the monthly S1 at 133.03. However, daily gains were limited, as the Euro had returned near the weekly S1 by mid-session.
Meanwhile, the pair breached the steep channel down. This suggest that some upward momentum might be due in the nearest time.
Given that the pair has not yet been able to gain strength, it is likely that this session does not introduce significant changes to its positioning, especially if the northern side is restricted by the 55-hour SMA and the monthly PP circa 134.00.
Today's low should be the aforementioned monthly S1.