Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 55% | 54% | 1.0% |
Shorts | 45% | 46% | -1.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
On Friday, the USD/JPY currency pair raised to the 104.80 level.
Given that the exchange rate is supported by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 104.45/104.65 area, it is likely that some upside potential could prevail in the market.
In the meantime, note that the currency pair could face the resistance provided by the Fibo 23.60% at 105.03. Thus, a reversal south could occur, and the pair could target the weekly S1 at 104.13.