| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 57% | -2.9% |
| Shorts | 45% | 43% | 3.6% |
| 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 | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Eurozone single currency declined by 147 pips or 1.21% in value against the Japanese Yen. The decline was stopped by a support cluster formed by the weekly and the monthly PPs at 119.64.
If the support cluster, as mentioned above holds, a surge towards the 121.00 zones could be expected within this session.
However, if the EUR/JPY exchange rate breaks the support lines, bearish traders could drive the price lower today.
Furthermore, technical indicators suggest a downside momentum within the following trading session.