| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 33% | 13.16% | |
| Shorts | 62% | 67% | -8.06% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The EUR/JPY has begun the weeks trading exactly, as it was forecasted on Friday. The pair has revealed a new junior ascending channel pattern. Due to that reason it can be expected that the rate will surge.
However, the currency exchange rate is set to encounter various levels of resistance. For example the pair will first struggle to pass the 55-hour SMA at the 128.50 mark. Afterwards, the rate will struggle to pass the resistance of the weekly PP and monthly S1 at the 128.80 mark.
The mentioned pivot point cluster of resistance is almost surely going to be strengthened by the 100 and 200-hour SMAs, which are approaching from 129.00.