Positions | Today | Yesterday | % Change | |
Longs | 54% | 54% | 0.00% | |
Shorts | 46% | 46% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | 0 | 0 | 0 | |
RSI (14) | 4H | 1D | 1W | |
Stochastic (5; 3; 3) | Buy | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇒ | ⇒ | ⇘ |
Upside risks dominated the single European currency against the Japanese Yen on Friday. The currency pair appreciated about 134 base points during Friday's trading session.
Monday's trading session began with a bullish sentiment and by the middle of the day, the exchange rate was moving towards a resistance level formed by the weekly R1 at 126.03.
Most likely, the short-term target for the currency exchange rate will be near a swing high at 127.13.
Although, the EUR/JPY is expected to make a brief pull-back from a resistance level at 126.03 today.