| Positions | Today | Yesterday | % Change | |
| Longs | 30% | 30% | 0.00% | |
| Shorts | 70% | 70% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
EUR/JPY remained steady within the first half of Friday, and it seemed that the same lack of direction would prevail until the end of the day.
However, Catalonia declaring independence put downward pressure on the common European currency. As a result, the rate breached the ascending channel and was pushed down to the 50.0% Fibonacci retracement circa 132.00.
If examining the pair from a broader perspective, it is apparent that the rate has been stranded in the 131.80/134.50 territory since mid-September.
The rate failed to overcome the southern barrier late on Friday. This suggests that the Euro might appreciate during the following trading sessions.
In the short-term, it is likely that the rate remains stranded between the weekly PP and the 55-hour SMA at 132.70 and the 131.80 mark.