| 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 weakened 0.4% on Thursday following a test of the 200-day SMA, weekly R1 and 61.80% Fibonacci retracement at 110.20. As a result, the pair breached two SMAs on the hourly time-frame, but has nevertheless remained stranded between the 100– and 200-period (4H) SMAs in the 109.60/85 range this morning, as well.
A breakout may occur in any direction; thus, two scenarios should be considered. The most probable daily low is the 109.40/35 mark, as the 55-period and 200-hour SMAs, the weekly PP and a channel line are located there.
Conversely, gains should be capped near the aforementioned 110.20 level due to the 200-day SMA being located there. Technical indicators are more in favour of the bullish scenario.