| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 52% | 53% | -2.9% |
| Shorts | 48% | 47% | 3.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
Yesterday, the USD/JPY currency pair tested the support level formed by a combination of the weekly S3 and the monthly S2 at 109.97. During Thursday's morning, the pair declined to the lower boundary of the short-term descending channel at 109.66.
From a theoretical perspective, it is likely, that a reversal north could occur in the nearest future, and the pair could increase to the 55-hour SMA at 110.20.
On the other hand, it is expected, that the currency pair could trade sideways, trying to surpass the support level formed by the Fibonacci 50.00% retracement at 109.58.