| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 51% | 53% | -3.1% |
| Shorts | 49% | 47% | 3.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇘ |
The single European currency appreciated about 58 basis points against the Japanese Yen on Friday. The currency pair breached the 50.00% Fibonacci retracement level at 120.88 during the morning hours of Monday's session.
Currently, the exchange rate is testing the 61.80% Fibonacci retracement level at 121.02.
If the resistance level, formed by the 61.80% Fibo holds, a decline towards the 120.60 area could be expected today.
However, if the currency exchange rate passes the 61.80% level, a surge towards the 121.39 mark is likely to follow within the following trading session.