| Positions | Today | Yesterday | % Change | |
| Longs | 25% | 28% | -12.00% | |
| Shorts | 75% | 72% | 4.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
The movement of the EUR/JPY exchange rate during the past one week has been guided by a medium-term descending channel. The currency pair was pressured down by the monthly pivot point at 123.00.
Two scenarios are likely to occur to this currency pair. First, the bearish momentum could continue pushing the rate down toward the lower boundary of the medium-term pattern.
Second, the currency exchange rate might reverse at 126.19 and tries to make a short-term rally toward 127.33 during the following trading sessions.