| Positions | Today | Yesterday | % Change | |
| Longs | 43% | 42% | 2.33% | |
| Shorts | 57% | 58% | -1.75% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
[ANNOUNCE]The common European currency reached the upper boundary of an ascending pattern against the Japanese Yen on Friday.[/ANNOUNCE]
As shown on the chart, the currency pair was trading with high volatility on Friday as bulls gained 172 base points or 1.35%. Also, a support cluster formed by the 55– and 200-hour SMAs and the weekly S1 at 127.84 help the EUR/JPY exchange rate to push higher.
As for near future, traders should look for opportunities to trade the pair if a support set by the weekly and the monthly PPs near the 128.79 mark holds. In the meantime, technical indicators flash a strong buy signal on the 4H time-frame.