| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 37% | 22.92% | |
| Shorts | 52% | 63% | -21.15% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇗ | ⇘ | |
The EUR/JPY currency pair showed no changes to its overall positioning on Monday, thus trading below the weekly pivot point and the lower boundary of a descending channel for the rest of the session.
Technical indicators on the four-hour time frame suggest that the common European currency might continue to decline within this channel today. Meanwhile, the 55-, 100-, and 200-hour SMAs are located above the price action, this might also be a confirmation that bulls are unlikely to come into play during the following sessions.
In case the bearish sentiment continues to take over the market today, a breakout through the lower boundary of the downtrend channel is likely to occur.