| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 56% | 61% | -9.9% |
| Shorts | 44% | 39% | 12.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
Yesterday, the USD/JPY currency pair raised to the 107.50 level. During Wednesday morning, the pair was trading near the given level.
Note that the exchange rate is supported by the 55-hour SMA near 106.70. Thus, some downside potential could prevail in the market. In this case the rate could face the resistance level—the Fibo 38.20% at 108.44.
If the given resistance does not hold, the currency pair could target the Fibo 50.00% at 109.58. Otherwise, the pair could re-test the lower boundary of the short-term descending channel in the 107.50 area.