| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 70% | 0.5% |
| Shorts | 29% | 30% | -1.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Yesterday, the USD/JPY currency pair traded sideways along the lower boundary of the long-term descending channel at 108.87. During today's morning, the pair maintained its consolidation.
It is unlikely, that the exchange rate could reverse north in the nearest future, as it pressured by the 55– and 100-hour SMAs, currently located at 106.24. If the given channel holds, it is likely, that the rate could continue to consolidate.
If the given trend does not hold, it is likely, that a breakout south could occur within the following trading hours. In this case, the pair could target the 2018/2019 minimum at the 104.66 mark.