| Positions | Today | Yesterday | % Change | |
| Longs | 30% | 35% | -16.67% | |
| Shorts | 70% | 65% | 7.14% | |
| 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 | ⇗ | ⇒ | ⇒ | |
In accordance with technical theory, the EUR/JPY left the descending triangle downwards despite the barriers set up by the 55- and 100-hour SMAs. However, the downside momentum was neutralized at the 2016 high level at 128.80. Afterwards, the currency rate resumed an abrupt surge and in the early morning set a new record high at 129.06. On a larger scale it easy to note that the current week's shift to the right depicts formation of a new channel up. Accordingly, the pair is expected to continue the rise until it reaches the upper trend-line of the formation near the 129.25 level. If no fundamental changes will happen, the pair should made a successful rebound as well.