Positions | Today | Yesterday | % Change | |
Longs | 56% | 43% | 23.21% | |
Shorts | 44% | 57% | -29.55% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇘ | ⇒ |
Upside risks dominated the common European currency against the Japanese Yen on Thursday. The EUR/JPY exchange rate ended yesterday's session with 0.92% gains.
The currency pair breached the upper boundary of a medium-term descending channel at 128.78 during the morning hours of Friday's trading session.
Given that a breakout had occurred, the currency exchange rate could continue its bullish movement today.
However, it is expected that the pair makes a brief retracement south towards the 128.50 area within the coming hours.