| Positions | Today | Yesterday | % Change | |
| Longs | 29% | 35% | -20.69% | |
| Shorts | 71% | 65% | 8.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
After a rebound on Thursday, the EUR/JPY exchange rate revealed a new junior ascending channel. This pattern indicates that the Euro is set to moved past a two-week resistance level at the 129.00 mark.
The 55– hour simple moving average provided a strong support for the currency pair during the US session on Thursday and helps pushed the price toward the 200– hour SMA.
Meanwhile, technical indicators suggest the currency exchange rate is set to decline today. If and this decline happens, it could encounter a support cluster set by the 55– and 100– hour SMAs.