| Positions | Today | Yesterday | % Change | |
| Longs | 27% | 26% | 3.70% | |
| Shorts | 73% | 74% | -1.37% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇒ | |
EUR/JPY remained relatively stable on Wednesday, fluctuating near the 55-hour SMA since mid-session. This situation changed swiftly when the Euro strongly appreciated against the Yen early in the morning.
It seems that this hourly jump was caused by remarks of the Bank of Japan Governor Haruhiko Kuroda starting at 0630GMT. As a result, the Euro re-tested the 134.08 mark once again and has since lingered slightly below the given level.
The pair's movement during the last three trading sessions demonstrate that the pair has struggled to pass the two-year high, but nevertheless has not fallen either. It is possible that the Euro pushes up to the monthly R2 at 134.23; however, any other advances should not be expected. Instead, the rate could approach the 100-hour SMA near 133.20.