| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 42% | -12.4% |
| Shorts | 62% | 58% | 7.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
Upside risks dominated the common European currency against the Japanese Yen on Thursday. As a result, the currency pair surged by 76 pips or 0.59% during yesterday's trading session.
The exchange rate is likely to edge lower today. Bearish traders could target a support level at the 129.80 level during the following trading session.
However, given that technical indicators suggest buying signals on the 4H time-frame chart, the EUR/JPY currency exchange rate might continue to edge higher during the following trading session.