| Positions | Today | Yesterday | % Change | |
| Longs | 47% | 45% | 4.26% | |
| Shorts | 53% | 55% | -3.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇓ | ⇗ | |
The common European currency is gradually gaining strength against the Japanese Yen. The pair bounced off the lower boundary of a channel down on February 23 and has since gained 120 base points.
However, this gains was stopped by the 200-hour simple moving average which sent the price lower. During the second half of Tuesday's trading session, the rate was stranded between SMAs. The 100-hour SMA was providing support near 131.78 and the 200– hour SMA was proving resistance at 132.10.
The currency exchange rate is likely to moved further south for a re-test of the weekly pivot point at 131.81.