| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 53% | -6.00% | |
| Shorts | 50% | 47% | 6.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
No significant changes were introduced to the EUR/JPY currency pair on Thursday. Even though the common European currency breached both the 55-and 100-hour SMAs during the previous session, the exchange rate failed to rally. Instead, the price consolidated.
The failure to approach the upper boundary of a dominant descending channel during the past session might indicate a change in market sentiment shortly.
Technical indicators flash bearish signals.
Therefore, it is likely that the currency exchange rate continues to maintain the descending channel during the following trading session.