| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 41% | -5.13% | |
| Shorts | 61% | 59% | 3.28% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The common European currency has been steered mainly by bulls against the Japanese Yen since the pair bounced off the lower boundary of a junior ascending channel April 20.
After reaching a resistance level formed by the weekly pivot point near the 133.53 mark, the currency pair began to decline. However, this decline was stopped by the weekly R1 at 132.91.
The overall market sentiment is bullish. Therefore, the EUR/JPY currency exchange rate is likely to continue moving north until a breakout occurs through the upper border of a downtrend line.