| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 26% | 8.7% |
| Shorts | 72% | 74% | -3.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Yesterday, the USD/JPY currency pair tumbled to the 109.85 level. During Thursday morning, the pair declined to 109.70.
It is likely that the exchange rate could gain support of the 200-hour SMA near 109.60. Thus, a reversal north could occur in the nearest future. In this case the rate would have to surpass the resistance formed by the 55– and 100-hour SMAs in the 109.80 area.
If the given resistance holds, it is likely that the US Dollar could trade sideways against the Japanese Yen in the short term. Otherwise, the currency pair could manage to surpass the 110.00 level.