| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 52% | 51% | 1.1% |
| Shorts | 48% | 49% | -1.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇘ | ⇒ |
On Monday, the USD/JPY currency pair raised to the weekly R1 at 107.78. During today's morning, the pair was testing the given resistance level.
If the predetermined level holds, it is likely that a reversal south could occur. In this case the exchange rate could gain support from the 55-, 100– and 200-hour SMAs, as well the monthly PP in the 107.00/107.40 area.
Otherwise, it is likely that some upside potential could continue to prevail in the market. Note that the nearest resistance level, formed by the Fibo 50.00% and the weekly R2, is located at 108.30.