| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 49% | -2.08% | |
| Shorts | 52% | 51% | 1.92% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇑ | |
EUR/JPY was stranded between the 100– and 200-hour SMAs on Friday. The latter restricted the pair from overcoming the psychological 133.00 mark.
The rate has since returned near this level, but the prevalence of the bearish sentiment in this session has sent it for a fall down to 132.80.
The pair breaching the combined support of the monthly PP, the 55-, 100– and 200-hour SMAs circa 132.70 suggests that the given sentiment might prevail during the upcoming 24 hours, as well.
The nearest resistance is formed by all above SMAs, while support is set by the weekly S1 and the eight-week low at 131.67 and 131.55, respectively.
This scenario goes in line with the Euro bouncing off the upper channel boundary early on Monday. The scope of the fall, however, should not be as steep as this pattern itself.