| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 54% | 55% | -2.5% |
| Shorts | 46% | 45% | 2.9% |
| 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 | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The common European currency declined by 95 pips or 0.79% in value against the Japanese Yen. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during yesterday's trading session.
By and large, the exchange rate could continue to decline within the following trading session. The potential target for the EUR/JPY pair will be at the bottom border of a descending channel pattern at 118.89.
Although, the currency exchange rate could make a slight upward movement towards the weekly and the monthly PPs at 119.64 during the following trading session.