| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 36% | -5.88% | |
| Shorts | 66% | 64% | 3.03% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇗ | |
As it was expected, the EUR/JPY currency rate has successfully bypass a combined resistance level formed by the 200-hour SMA and the monthly PP at 129.78, thus continuing to move in an ascending channel. The next target for the currency rate will be the weekly R1, which is located at the 130.64 level. Given that the southern side is now protected by the 55- and 200-hour SMAs as well as the above monthly PP, the downfall of the rate seems unlikely.
In support of this assumption, a summary of various technical indicators for the upcoming 1H, 5H and 1D timeframes sends a strong buy signal. Moreover, the average market sentiment is 72% bearish, which means that the pair most likely is going to continue to move to the top.