Positions | Today | Yesterday | % Change | |
Longs | 37% | 36% | 2.70% | |
Shorts | 63% | 64% | -1.59% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇗ | ⇒ |
Downside risks dominated the EUR/JPY currency pair on Monday. The currency pair reached the 55-hour SMA at 132.35.
Currently, the exchange rate is trading near the psychological level at 132.50. From the theoretical point of view, the price could continue going up towards the weekly R1 at the 133.61 mark.
It is unlikely that the pair could breach a short-term ascending channel and go downside due to the support cluster formed by a combination of the weekly PP, the monthly R1, and the 100-hour SMA near 131.80 .