| Positions | Today | Yesterday | % Change | |
| Longs | 55% | 54% | 1.82% | |
| Shorts | 45% | 46% | -2.22% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇒ | |
The common European currency was stable against the Japanese Yen during the first part of Wednesday's, as it was supported by the 55-hour simple moving average.
Given that the currency exchange rate has moved closer to the lower border of a dominant channel, a breakout is likely to occur during the following trading session.
If and when the aforementioned breakout occurs, it could find support at the 200-hour SMA. Meanwhile, technical indicators flash mixed signals.