| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 48% | -1.7% |
| Shorts | 53% | 52% | 1.6% |
| 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) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The single European currency depreciated about 51 base points against the Japanese Yen on Monday. The currency pair breached a support level formed by the 50-hour simple moving average at 126.35 during yesterday's trading session.
The exchange rate was stranded between SMAs during the first half of Tuesday's session. The 50-hour SMA was providing resistance for the pair, while the 100– hour SMA and the lower boundary of an ascending channel pattern was providing support at 126.22.
A breakout from the moving averages could be expected during the following trading session. Technical indicators suggest an upside breakout.