USD/JPY trades between pivot points

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 35% 36% -2.86%
Shorts 65% 64% 1.54%
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 Buy
Aggregate

During Friday's trading session, the currency exchange rate passed through the support of the weekly pivot point at 113.47 to end the trading session at the 113.55 mark. On Monday morning, the US Dollar was located between the weekly pivot point and the monthly pivot point at the 113.44 mark. 

In regards to the near-term future, most likely the US Dollar will surge towards the weekly R1 at 114.07 due to the supports of the monthly pivot point at 113.34 and the 200-hour simple moving average at 113.32. 

However, the US Dollar could be resisted by the resistance levels of the 55-hour SMA and the weekly pivot point at 113.47 to push the rate to trade at 113.00 level.

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