| Positions | Today | Yesterday | % Change | |
| Longs | 47% | 43% | 8.51% | |
| Shorts | 53% | 57% | -7.55% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Neutral | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇗ | |
The common European currency depreciated about 114 base points against the Japanese Yen on Friday. The currency pair breached both the 50– and the 100-hour SMAs at 129.79 during the end of Friday's session.
By the middle of the European trading session on Monday, the exchange rate was located near the lower boundary of a descending channel at 129.32.
Everything being equal, it is likely that the EUR/JPY currency pair continues its downside momentum during the following trading session. The potential target for bearish traders could be a support cluster formed by the combination of the weekly and the monthly PPs near the 128.89 regions with the coming hours.