Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 73% | 1.1% |
Shorts | 26% | 27% | -3.3% |
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) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
During Friday, the USD/JPY currency pair surged to the upper boundary of the short-term descending channel located circa 108.07.
During today's morning, the pair was testing the support cluster formed by the 55– and 100-hour SMAs, as well the weekly and monthly PP in the 107.72/107.91 range.
It is expected, that the exchange rate could surpass the given support and continue to decline, as it pressured by the 200-hour SMA, currently located at 108.07.
Otherwise, it is likely, that the rate could trade sideways between the given resistance and support in the short term.