| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 55% | -1.1% |
| Shorts | 45% | 45% | 1.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
Upside risks dominated the EUR/JPY currency pair on Monday. As a result, the common European currency edged higher by 136 pips or 1.05% against the Japanese yen during Monday's trading session.
Currently, the exchange rate is trading near the upper boundary of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a surge towards the 132.00 level could be expected within this session.
However, if the channel pattern holds, sellers could target the 50- hour simple moving average at 130.21 today.