| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 74% | -2.7% |
| Shorts | 28% | 26% | 6.9% |
| 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 | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The price movement of the common European currency against the Japanese Yen was guided by bullish sentiment. The currency pair appreciated about 74 basis points during yesterday's trading session.
A breakout occurred through the upper boundary of a descending channel pattern on Monday.
Given that a breakout had occurred, and the exchange rate breached the 200-hour simple moving average, bullish traders might continue their dominance in the market today.
However, technical indicators suggest that the price might edge lower during the following trading session.