| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 52% | -4.00% | |
| Shorts | 50% | 48% | 4.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
EUR/JPY has been diminishing its trading range for the last two consecutive trading session. This bearish momentum has left the currency pair losing around 380 base points or 2.95% of its value.
The common European currency breached the monthly pivot point at 126.83 and also tested a support cluster set by the combination of the weekly and the monthly PPs near the 125.25 mark.
Technical indicators flash bearish signals for the exchange rate today; This could suggest that a breakout through the lower boundary of a junior descending channel is likely to occur during the following trading session.