Positions | Today | Yesterday | % Change | |
Longs | 53% | 50% | 5.66% | |
Shorts | 47% | 50% | -6.38% | |
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) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇗ | ⇒ |
The US Dollar appreciated 0.47% against the Japanese Yen since Tuesday's session. The currency exchange rate experienced the 55-hour and 200-hour SMAs squeeze breakout which lead the rate to move upwards during Wednesday's morning hours.
In theory, the rate should take the upper boundary of the large channel as a resistance barrier and bounce off the line to move backwards into the channel.
However, the USD/JPY could break the large channel and go up towards the weekly R1 at the 111.75 level.