| Positions | Today | Yesterday | % Change | |
| Longs | 43% | 49% | -13.95% | |
| Shorts | 57% | 51% | 10.53% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
Reaching the lower Bollinger band late Monday, the Euro bounced off the given level and appreciated against the Yen up to 123.70. In spite of failing to form a distinctive move upwards, the Euro is seemingly trading in a rather flat channel up. Thus, it is expected that it may try to test the upper channel boundary circa 123.90. This perspective is supported by bullish intraday trading signals, the 200-hour SMA at 123.84 and the above-mentioned weekly PP at 123.90. On the other hand, the pair may encounter short-term support at the crossovers of the 55– and 100-hour SMAs prior to moving lower down to the 20-hour SMA. SWFX traders are likewise bearish on the pair. However, 70% of pending orders are to buy the Euro, suggesting that traders are expecting the currency to move higher.