Positions | Today | Yesterday | % Change | |
Longs | 31% | 34% | -9.68% | |
Shorts | 69% | 66% | 4.35% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇗ |
The common European currency spent the first part of Monday's trading session calmly, as it manages to reverse from the lower boundary of a junior ascending pattern.
By the middle of the day, the EUR/JPY exchange rate has breached both the 55-,100-,200–hour SMAs and currency providing a support cluster for the rate at the 130.44 regains.
Technical indicators flash bearish signals, but the currency exchange rate could make a brief corrective movement north for a likely re-test of the monthly pivot point at 130.94. If and when this situation happens, the price could remain bearish for the next trading session.