Positions | Today | Yesterday | % Change | |
Longs | 48% | 40% | 16.67% | |
Shorts | 52% | 60% | -15.38% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇘ | ⇗ |
The US Dollar appreciated 0.37% against the Japanese Yen since Friday's session. During the previous trading session, the rate was supported by the 55-hour SMA to stop the trade at 112.35. On Monday, the US Dollar broke the resistances of the monthly PP at 112.60 and the 61.80% Fibo to trade at the 112.72 mark.
In regards to the near-term future, most likely, the US Dollar will be supported by the 61.80% Fibo to trade at 112.80 level on Monday. However, the surge will not be significant due to a lack of any fundamental news during the trading session.
On the other side, the rate might get resisted by the 61.80% Fibo to trade at 112.50 level during the day.