| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 50% | 1.96% | |
| Shorts | 49% | 50% | -2.04% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇒ | |
Bulls managed to regain control of the EUR/JPY exchange rate. This bullish momentum started in the early hours of Monday's trading session and by the middle of the day, the pair had gained 94 basis points.
Due to the high volatility which had occurred, the currency exchange rate breached the 55-hour simple moving average.
The overall market sentiment still remains bearish in line with a junior descending channel. Nevertheless, the rate could continue gaining strength until it encounters a resistance cluster set by the 100– and 200-hour SMAs where the upper boundary of the junior pattern is located.