| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 29% | -6.7% |
| Shorts | 73% | 71% | 2.5% |
| 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) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
On Friday, the USD/JPY currency pair failed to surpass the 109.50 level. During today's morning, the pair reversed south.
Note that the exchange rate is pressured by the 55– and 100-hour moving averages. Thus, it is likely that some downside potential could prevail in the market. However, note that the rate could gain support of the 200-hour SMA at 109.32.
If the given support holds, it is likely that the US Dollar could consolidate against the Japanese Yen in the nearest future. Otherwise, it is likely that the currency pair could decline to the weekly S1 at 109.21.