| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 35% | 15.3% |
| Shorts | 58% | 65% | -11.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
On Tuesday, the USD/JPY currency pair failed to exceed the 107.80 level. During today's morning, the pair was testing the support formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 107.50 area.
If the given support level holds, it is likely that a reversal south could occur in the nearest future. In this case the exchange rate could re-test the 107.80 mark.
If the predetermined resistance level holds, it is likely that the US Dollar could trade sideways against the Japanese Yen in the short run.