USD/JPY trades at 112.96

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 33% 39% -18.18%
Shorts 67% 61% 8.96%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Neutral Neutral Buy
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

During Wednesday's trading session, the currency exchange rate was trading between the monthly PP and the weekly PP to end the trading session at the 113.01 mark. During Thursday morning hours, the US Dollar was trading near the monthly PP at the 112.96 mark. 

In regards to the near-term future, most likely, the US Dollar will keep trading sideways between the monthly PP at 112.96 and the weekly PP at 113.23. The 55-hour simple moving average will support the rate during the trading session. 

On the other side, the rate could be resisted by the monthly PP at 112.96 to move downwards to trade at the 112.80 level.

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