| Positions | Today | Yesterday | % Change | |
| Longs | 30% | 30% | 0.00% | |
| Shorts | 70% | 70% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
[ANNOUNCE] EUR/JPY remained steady within the first half of Friday, and it seemed that the same lack of direction would prevail until the end of the day.[/ANNOUNCE]
However, Catalonia declaring independence put downward pressure on the common European currency. As a result, the rate breached the ascending channel and was pushed down to the 50.0% Fibonacci retracement circa 132.00.
If examining the pair from a broader perspective, it is apparent that the rate has been stranded in the 131.80/134.50 territory since mid-September.
The rate failed to overcome the southern barrier late on Friday. This suggests that the Euro might appreciate during the following trading sessions.
In the short-term, it is likely that the rate remains stranded between the weekly PP and the 55-hour SMA at 132.70 and the 131.80 mark.