| Positions | Today | Yesterday | % Change | |
| Longs | 31% | 29% | 6.45% | |
| Shorts | 69% | 71% | -2.90% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The EUR/JPY currency pair is trading in a one-week ascending channel. The pair tested its lower boundary near 124.50 on May 29 prior to reversing its sentiment and gradually moving toward the up border.
Technical indicators suggest that the exchange rate might still slightly edge higher until 129.29 set by the weekly pivot point in the short term, but it should pick up bullish momentum during the second half of Monday's session.
Everything being equal, the currency exchange rate is likely going to make a brief retracement south toward a support cluster formed by the combination of the 55– and 200– hour SMAs near the 127.58 mark.