| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 51% | -50.00% | |
| Shorts | 66% | 49% | 25.76% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇓ | ⇑ | |
Bears dominated EUR/JPY on Monday. As a result, the Euro lost 89 pips against the US Dollar, thus testing the 100-hour SMA circa 132.15 by late evening.
The subsequent movement was guided entirely by the 55– and 200-hour SMAs, likewise reinforced by the weekly PP and the 100-hour SMA, respectively.
Given the strength of both barriers, the rate might be reluctant to move past either cluster for several hours.
Technical indicators are in favour of a fall, possibly down to the lower channel boundary circa 132.00.
On the other hand, the direction of these indicators suggest a rather different picture that points to a probable increase in price. If this scenario occurs, the Euro could find resistance near the monthly PP at 132.77.