EURJPY appears somewhat optimistic despite the recent consolidation in price above the 200-period simple moving average (SMA). Positive signals include the price having moved above the SMAs and the Ichimoku cloud, while the Ichimoku lines stall their positive tone. Furthermore, a nearing bullish crossover of the 100-period SMA by the 50-period one could boost positive sentiment in the near-term. Additionally, regardless of paused positive momentum, the oscillators slightly lean to a positive outcome in the short-term. The MACD, in the positive region, has nudged above its red signal line, while the RSI hovers in ... (full story)