| Positions | Today | Yesterday | % Change | |
| Longs | 29% | 69% | -137.93% | |
| Shorts | 71% | 31% | 56.34% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The common European currency continues to depreciate against the Japanese Yen. The currency pair has been trying to make new wave north. However, the 55– hour simple moving average was preventing the exchange rate from making such moves.
Given that the EUR/JPY currency pair is trading in a falling wedge, there could be a further decline in the rate during the following session.
The overall market sentiment is bearish, therefore, the currency exchange rate is likely to continue to push lower until it encounters a support level formed by the weekly pivot point at 130.96.