Positions | Today | Yesterday | % Change | |
Longs | 62% | 57% | 8.06% | |
Shorts | 38% | 43% | -13.16% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | 0 | 0 | 0 | |
RSI (14) | 4H | 1D | 1W | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇒ | ⇒ | ⇒ |
The common European currency depreciated about 628 base points against the Japanese Yen on Wednesday. This sharp decline was caused by the general strength of the Yen against a basket of major currencies.
The exchange rate has recovered about 1.58% of its values since the starts of today's trading session.
As for the short-term future, it is likely that the Euro will continue its rebound and potentially aim at a resistance cluster formed by the combination of the weekly S1 and the 50-hour simple moving average at 124.45 during the following trading session.