| Positions | Today | Yesterday | % Change | |
| Longs | 32% | 35% | -9.37% | |
| Shorts | 68% | 65% | 4.41% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The common European currency has plummeted against the Japanese Yen. That can be deducted by an initial look. However, it is the other way around. The Japanese Yen has skyrocketed on Wednesday due to a massive change in monetary policy.
Namely, the Bank of Japan is dropping its time schedule for reaching inflation targets. This means that they will stop stimulating the economy on the scale that is current. From that one can clearly understand that there will be less JPY in circulation.
This event has caused the move. Due to that reason, technical charting is obsolete until the markets take in the news.