| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 55% | 5.17% | |
| Shorts | 42% | 45% | -7.14% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
Downside risks prevailed in the market yesterday and thus sent the common European currency to plummet against the Japanese Yen. As a result, the exchange rate breached the lower boundary of an ascending channel.
The decline for this currency pair continued during the European session on Thursday. The 200–hour simple moving average proved to have enough strength to push the EUR/JPY pair further south.
Everything being equal, the currency pair is likely to make a corrective move north for a re-test of the resistance set by the 200-hour SMA.