| Positions | Today | Yesterday | Change |
| Longs | 53% | 51% | 4.5% |
| Shorts | 47% | 49% | -5.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The single European currency versus the Japanese Yen has revealed a new junior descending channel pattern. The channel pattern and the 200-hour simple moving average have guided the currency pair towards the lower boundary of an ascending channel.
A breakout through the bottom border of the ascending channel pattern at 124.80 could be expected within this session. Also, technical indicators suggest a bearish sentiment today.
However, a support level formed by the weekly S1 at 124.66 could prevent the currency exchange rate from edging lower.