Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 34% | 35% | -0.9% |
Shorts | 66% | 65% | 0.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | 4H | 1D | 1W |
RSI(14) | Sell | Buy | Buy |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇗ | ⇗ |
The Eurozone single currency has declined by 0.59% against the Japanese Yen since December 31. The currency pair breached the 100– and 200– hour SMAs during this period.
As for the near future, the EUR/JPY exchange rate could continue to edge lower. A breakout through the lower boundary of a descending channel pattern might occur during today's session.
However, if the channel pattern holds, a pullback towards the 126.58 area could be expected during the following trading session.