| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 44% | -4.76% | |
| Shorts | 58% | 56% | 3.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
Bearish sentiment continues to push the EUR/JPY currency pair lower on Thursday as the pair broke out from the weekly support level at 129.64 and the lower boundary of an ascending channel.
The two weeks junior descending channel continues to hold and is likely that the exchange rate would maintain this pattern today. Moreover, the 55-hour simple moving average provides confirmation for the downwards movement.
If no fundamental event that could change the direction of the currency exchange rate during the following trading session, bears are likely to continue to prevail by the end of the day.