USD/JPY trades sideways at 112.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 43% 41% 4.65%
Shorts 57% 59% -3.51%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Sell Neutral
Alligator (13; 8; 5) Buy Buy Buy
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

The US Dollar appreciated 0.28% against the Japanese Yen since Monday's session. On Monday morning, the currency pair was located near the monthly R1 at the 112.27 mark, which stopped the rate from the surge. 

In regards to the near future, most likely, the rate will keep trading sideways with the support of the 55-hour simple moving average and the resistance of the monthly R1, staying at the 112.00 level during the day. 

On the other hand, the rate might break the resistance of the monthly R1 and the resistance of the upper boundary of the medium pattern to trade near the weekly R1 at the 112.55 mark.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.