| Positions | Today | Yesterday | % Change | |
| Longs | 27% | 28% | -3.70% | |
| Shorts | 73% | 72% | 1.37% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The common European currency was guided mainly by bullish momentum against the Japanese Yen on Monday. Bulls continue to strengthen their position in the market during the first part of today session.
By the middle of Tuesday's session, the currency pair breached the upper boundary of an ascending trendline. Moreover, the 55-hour simple moving average has been guiding the pair higher.
By and large, the EUR/JPY currency exchange rate is likely to continue moving north until it dashes through the up border of a triangle pattern. In the meantime, technical indicators suggest that rally could continue within this session.