| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 41% | #DIV/0! | |
| Shorts | 100% | 59% | 41.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
Wednesday's trading session was very calm for the EUR/JPY currency pair with the rate trading in a narrow range slightly below the 55– hour simple moving average.
The situation changed on Thursday morning as traders shifted their fund to the Euro as a safe haven currency. As a result, the exchange rate rallied 91 pips or 0.71% to the upside.
It is likely that the given currency exchange rate surge even higher today as the 55-, 100-hour SMAs and the combination of the weekly and the monthly PPs is providing support near the 128.78 mark.