| Positions | Today | Yesterday | % Change | |
| Longs | 32% | 34% | -6.25% | |
| Shorts | 68% | 66% | 2.94% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
The single European currency continues to gain strength against the Japanese Yen. The pair bounced off the lower boundary of an ascending channel on May 8 and has since gained more than 200 base points.
However, this gains was stopped by the weekly pivot point at 131.20 which sent the price lower to the 55– hour simple moving average. During the second part of Tuesday's trading session, the currency pair was trading with low volatility as the pair consolidate.
As for near future, the EUR/JPY currency exchange rate is likely to continue to move north until a breakout occurs through the upper boundary of the ascending channel.