| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 38% | 9.52% | |
| Shorts | 58% | 62% | -6.90% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇗ | |
As expected, Mario Draghi had a bullish effect on the Euro, as he spoke at the Jackson Hole central banker Symposium. However, the effect is larger than expected.
Even before the president of the central bank spoke, the markets were so certain about the incoming bullishness of the comments that the upper trend line of the long term descending channel was breached before the speech. As the head of the bank spoke, the EUR/JPY rate jumped above the 130.00 mark, where it remained even after the consolidation of long positions.
In the meantime, it is clear that the pair will continue to surge. However, the technical charts need to be adjusted to the new information.