Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 42% | 44% | -4.4% |
Shorts | 58% | 56% | 3.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇒ |
Yesterday, the USD/JPY currency pair tried to surpass the weekly S1 at 108.03. During Friday morning, the pair was trading at 107.80.
On the one hand, the exchange rate could gain support from the 55– and 100-hour SMAs near 107.60. Note that the rate would have to surpass the 200-hour SMA and the Fibo 50.00% in the 108.10/108.35 range.
However, if the weekly S1 holds, it is likely that the US Dollar could continue to trade upwards against the Japanese Yen in the short run.