| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 41% | 2.38% | |
| Shorts | 58% | 59% | -1.72% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇑ | ⇑ | |
EUR/JPY was driven by significant downside risks on Wednesday, thus resulting in a fall of 86 pips during the session. This momentum downside halted near the 132.80 mark early today, as it was pressured by the strong support of the monthly PP and the 100-hour SMA at 132.80 (the 55-day SMA is likewise located at this level).
Meanwhile, the weekly R1 and the 55-hour SMA circa 133.40 managed to reverse the rate back south. This suggests that the Euro might be stranded between these two barriers for most of the following session.
Given the fact that technical indicators are pointing to a strong buy signal, it is likely that the northern cluster surrenders first. Thus, the pair will have enough space to move up until the weekly PP and the monthly R1 at 134.10.