| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 71% | 4.05% | |
| Shorts | 26% | 29% | -11.54% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇘ | |
The USD/JPY exchange rate was tended north on Monday but wit no large gains apparent during this session. By Tuesday morning, the pair was located at a one-week channel slightly below the 110.00 mark.
If looking on the 4H chart, the pair surpassed the 100-period SMA—a move which might be interpreted as a bullish sign. This means that the US Dollar could breach the nearby weekly R1 and 61.80% Fibonacci retracement at 110.20 and continue its upward movement until the monthly R1 and the weekly R2 at 110.80.
In terms of downside potential, the 55-hour SMA could provide strong support at 109.60 and thus guide the pair back north. Meanwhile, it is unlikely that the 200– and 100-hour SMAs and the weekly PP at 109.20 are breached.