| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 48% | 4.00% | |
| Shorts | 50% | 52% | -4.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The common European currency continues to trade in a one-week junior ascending pattern against the Japanese Yen.
As shown on the chart, the currency pair has moved closer to the upper boundary of the junior pattern and could be set for a breakout. Furthermore, the 55-hour simple moving average has been guiding the price movement higher.
Meanwhile, the EUR/JPY exchange rate has been trading sideways for the last two consecutive trading sessions. This could indicate that bulls might have less strength to continue its upside move. In addition, technical indicators flash mixed signals.