| Positions | Today | Yesterday | % Change | |
| Longs | 27% | 27% | 0.00% | |
| Shorts | 73% | 73% | 0.00% | |
| 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 | ⇗ | ⇒ | ⇒ | |
Despite failing to surpass 134.08 on four separate occasions, EUR/JPY managed to breach this mark mid-Thursday and set a new yearly high. The rate made two more leaps and eventually returned at the 134.35 mark. By and large, the Euro still continues to trade in a medium-term channel that has confined the pair since early September.
Although it was expected that the rate will fall after reaching the upper channel boundary, the Euro entered a consolidation phase. This movement sideways has resulted in the formation of a channel up that is guiding the pair towards the bottom line of the senior channel.
For the reason that technical indicators point to no changes in the current direction, it is likely that the junior pattern prevails until the 133.70 is reached on Monday.