Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 47% | 57% | -21.4% |
Shorts | 53% | 43% | 19.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 4H | 1D | 1W |
RSI(14) | Buy | Buy | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
The common European currency declined by 75 pips or 0.59% against the Japanese Yen on Wednesday. The currency pair tested the 100– hour simple moving average at 125.26 during Wednesday's trading session.
Everything being equal, the EUR/JPY pair could continue to edge lower during the following trading session. A breakout through the lower boundary of an ascending channel pattern could occur.
On the other hand, the currency exchange rate might range between the 125.50/125.22 area within this session.