| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 39% | 11.36% | |
| Shorts | 56% | 61% | -8.93% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
EUR/JPY was stranded between the 55-, 100– and 200-hour SMAs mid-Tuesday. The bearish sentiment, however, took the upper hand and pushed the rate below the first two and the 38.2% Fibo. The Euro did manage to edge slightly lower, although the subsequent fall was very limited, as the monthly PP halted the given currency near the 132.24 mark.
Intraday technical indicators suggest that the rate should be located circa 132.40 by mid-Thursday. The upcoming hours could still introduce some downward momentum that might even result in a breach of the monthly PP. The bottom target in this case could be the 132.00/132.10 area.
Conversely, the rate is likely to be limited by the 55– or 100-hour SMAs from the upside, thus forbidding the Euro to test the 200-hour moving average.