Positions | Today | Yesterday | % Change | |
Longs | 34% | 37% | -8.82% | |
Shorts | 66% | 63% | 4.55% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Neutral | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇗ |
The previous forecast for the EUR/JPY currency exchange rate was wrong. Our analysts were watching, whether the scenario of a surge would begin after the pair encounters the combined support of the 55 and 100-hour SMAs
The pair passed the support levels and fell down to the 135.20 mark, where it rebounded and jumped back up to the SMAs.
However, there are more notable facts to mention. During the move the pair revealed a new short term channel down pattern, which might guide the currency pair throughout this week. In addition, the drawn Fibonacci retracement levels have shown to be affecting the pair.