| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 37% | -8.82% | |
| Shorts | 66% | 63% | 4.55% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
The common European currency has been gradually moving upward against the Japanese Yen since the last two days. This move was supported by the 55– hour simple moving average.
Bulls momentum was strengthened mid-session on Thursday as the exchange rate breached a resistance cluster set by the combination of the 100– hour SMA and the monthly pivot point at 130.07.
Technical indicators suggest that the EUR/JPY currency exchange rate is likely to decline during the following trading session.
If and when this decline eventually happens, it could find support at the aforementioned cluster.