Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 74% | -1.3% |
Shorts | 27% | 26% | 3.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 108.20.
During Wednesday's morning, the pair was testing the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly and monthly PPs in the 107.78/108.05 range.
If the given support holds, it is expected, that a reversal north could occur in the nearest future. Note, that the exchange rate is pressured by the weekly R1 a 108.35. Otherwise, the rate could target the psychological level at 107.60.