Positions | Today | Yesterday | % Change | |
Longs | 56% | 53% | 5.36% | |
Shorts | 44% | 47% | -6.82% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Neutral | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇒ | ⇒ |
The USD/JPY was neutral as during the whole week fluctuating at the 111.20 level. The currency pair passed the 55-hour simple moving average's resistance on Tuesday and was experiencing the 55– hour SMA support during the Wednesday's morning hours.
Moreover, the 55-hour and 100-hour SMAs crossed each other during Tuesday's trading session flashing bullish signals for traders. A new trend line is created facing sideways direction.
The USD/JPY rate change is unpredictable due to NAFTA agreement, which may influence the rate to go any direction at any time. Watch out for technical breakouts.