| Positions | Today | Yesterday | % Change | |
| Longs | 30% | 31% | -3.33% | |
| Shorts | 70% | 69% | 1.43% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
The single European currency has continued to maintain it junior ascending channel against the Japanese Yen. The currency pair is gradually moving north toward the upper boundary of the aforementioned pattern. However, due to the pair trading with low volatility, the situation might not happen today.
The 55– hour simple moving average has been guiding the exchange rate up for the last three trading sessions.
Everything being equal, bulls might target 130.87 which is the weekly pivot point during the following trading session. Nevertheless, a brief retracement south is likely to occur in the short term.