Positions | Today | Yesterday | % Change | |
Longs | 51% | 52% | -1.96% | |
Shorts | 49% | 48% | 2.04% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇒ |
Downside momentum dominated the EUR/JPY currency pair on Thursday. The single European currency ended yesterday's session with about 130 base points declined against the Yen.
The exchange rate tested a resistance cluster at 128.89 during the first part of Friday's session.
If this resistance cluster holds, the currency exchange rate will target a support level formed by the combination of the weekly and the monthly PPs near the 128.00 mark during the following trading session.