| Positions | Today | Yesterday | % Change | |
| Longs | 32% | 26% | 18.75% | |
| Shorts | 68% | 74% | -8.82% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇘ | |
Downside risks dominated the single European currency against the Japanese Yen on Wednesday, as the pair closed the session with 50 pips decline. Along the way. The currency pair broke out from the lower boundary of an ascending channel as can be observed on the chart.
By the European trading session on Thursday, the exchange rate has tested the 200-hour simple moving average located near the 131.85 mark.
Technical indicators flash buy signals on the daily time frame. As stated on Wednesday, the currency exchange rate is targeting a support cluster set by the combination of the weekly and the monthly PPs near 130.93 that could still be the target for the rate today.