| Positions | Today | Yesterday | % Change | |
| Longs | 40% | 42% | -5.00% | |
| Shorts | 60% | 58% | 3.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇘ | |
Bulls and bears pushed the Euro on Monday trading session. Bullish traders pushed the rate toward the upper boundary of a dominant descending channel. However, after piercing the dominant channel pattern at 131.00, the currency pair made a U-turn south.
Currently, the EUR/JPY exchange rate is trading above the 50-hour simple moving average.
Everything being equal, it is likely the price continues to maintain the junior ascending channel.
On the other hand, if the rate breach the 50-hour SMA, bearish traders could aim at the weekly pivot point near the 129.75 mark.