Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 48% | 43% | 10.0% |
Shorts | 52% | 57% | -9.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Buy | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
On Friday, the USD/JPY currency pair declined to the 108.00 level. During today's morning, the pair declined below the given level.
Note that the exchange rate is pressured by the 55-hour SMA near 108.90. Thus, some downside potential could prevail in the market. In this case the rate could gain support of the Fibo 23.60% and the weekly S1 in the 106.50/107.00 range.
However, if the 107.50 level holds, it is likely that a reversal north could occur in the short term. In this case it is unlikely that the currency pair could exceed the weekly PP at 109.09.