| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 45% | 3.4% |
| Shorts | 53% | 55% | -2.9% |
| 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 | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
Yesterday, the USD/JPY currency pair tried to surpass the resistance level formed by the 100-hour SMA and the monthly PP at 111.55.
From a theoretical point of view, a reversal south should occur in the nearest future, as the pair is trading near the upper boundary of the short-term descending channel at 111.53. A possible downside target is the psychological level at 111.30.
If the given channel does not hold, it is likely, that a breakout north could occur. However, the exchange rate has to surpass the 200-hour SMA, currently located at 111.64.