Positions | Today | Yesterday | % Change | |
Longs | 47% | 51% | -8.51% | |
Shorts | 53% | 49% | 7.55% | |
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) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇘ | ⇗ | ⇒ |
The USD/JPY was at the 110.96 mark on Monday. The currency exchange rate tested the monthly pivot point at the 111.02 during morning hours. Moreover, the 55-hour and the 100-hour SMAs crossed each other near the weekly pivot point at the 111.22 mark at the same time during morning hours.
In regards to the near future, the 55-hour and the 200-hour SMAs will meet each other which will force the US Dollar to go downwards. In addition, there is strong resistance given by the Fibonacci 61.80% retracement level.