| Positions | Today | Yesterday | % Change | |
| Longs | 71% | 70% | 1.41% | |
| Shorts | 29% | 30% | -3.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | 0 | 0 | 0 | |
| RSI (14) | 4H | 1D | 1W | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The common European currency traded with low volatility against the Japanese Yen on Tuesday. The currency pair was bouncing between the 50– and 200-hour SMAs during yesterday's trading session.
The exchange rate breached the 200-hour simple moving average at 124.70 during the middle of Wednesday's trading session.
It is likely that the currency exchange rate will continue moving in a narrow ascending channel during the following trading session.
Furthermore, technical indicators demonstrate that the EUR/JPY pair could continue to trade sideways today.