| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 39% | -2.63% | |
| Shorts | 62% | 61% | 1.61% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
The single European currency has been trading sideways against the Japanese Yen since April 24. The currency pair has been unable to make a new wave to either direction since the pair hit the weekly R3 at 133.53.
During the middle of Thursday's trading session, the exchange rate breached the 55– hour simple moving average. However, the overall market sentiment still remains bullish.
This situation could change as traders are waits the ECB press conference schedule at 12:30 GMT. Meanwhile, technical indicators still suggest that bulls dominance over the currency exchange rate is likely to continue within this session.