| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 28% | 1.8% |
| Shorts | 71% | 72% | -0.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Yesterday, the USD/JPY currency pair dropped to the support level formed by the weekly PP at 109.17. During Friday morning, the pair reversed north to the 109.40 level.
Note that the exchange rate is pressured by the 55– and 100-hour moving averages, currently located circa 109.45. This, it is unlikely that some upside potential could prevail in the market.
Also, note that the currency pair could gain support from the 200-hour moving averages, currently located at 109.32. Thus, if the given moving averages hold, it is likely that the pair could consolidate in the short term.