| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 39% | -5.41% | |
| Shorts | 63% | 61% | 3.17% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The common European currency remained stable against the Japanese Yen for the third consecutive trading session on Monday. The currency pair failed to move past the 55– hour simple moving average, but it also lacked the necessary downside strength to breach the monthly pivot point at 126.70.
This has left the exchange rate to be trading in a flag like formation this morning. A breakout could be expected from the aforementioned flag pattern during the following session.
Given that the northern barrier at 129.05 has held strong for the last three sessions, a decline for the EUR/JPY currency exchange rate is likely to continue today.