| Positions | Today | Yesterday | % Change | |
| Longs | 27% | 29% | -7.41% | |
| Shorts | 73% | 71% | 2.74% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Sell | Sell | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
The common European currency is continuing to surge against the Japanese Yen in a rising wedge. More specifically, the rate is squeezed between the pattern's resistance line from the top and the 55-hour SMA from the bottom, which neutralize any attempts to change an upward direction. Due to that the currency pair is expected to approach a combined resistance level formed at the intersection of the above upper trend-line with the weekly and monthly R1 near 130.70 by the end of the day. It is unlikely that the rate will have strength to soar to the weekly R2 at 131.47. Thus, the above resistance barrier is projected to be the maximum point where the Euro could get at this moment. Afterwards, a breakout from the wedge should happen with the subsequent fall to the weekly PP at 129.34.