| Positions | Today | Yesterday | % Change | |
| Longs | 32% | 27% | 15.63% | |
| Shorts | 68% | 73% | -7.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
During the second half of Friday's session, the Euro was falling gradually against the Yen, thus closing the day at the 100-hour SMA. The rate continued to move towards the lower channel boundary until the given line was breached on Monday morning.
The gains earned in the first four hours of this session was erased by mid-day when the rate tested the 200-hour SMA at 133.00. As apparent on the chart, the rate has formed a minor descending channel, thus moving away from the 2016/2017 high at 134.35.
Technical indicators signal that the rate is likely to reverse near the 133.00 area and remain relatively stable until the upper boundary of the junior channel in the 133.20/50 territory is reached. Nevertheless, the ECB President Draghi's speech at 1300GMT could distort the market.