| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 60% | 55% | 7.4% |
| Shorts | 40% | 45% | -10.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
On Monday, the USD/JPY currency pair was trading sideways around the monthly PP at 106.09. During today's morning, the pair maintained its consolidation.
[/ANNOUNCE]It is likely that the exchange rate could gain support from the 55-hour SMA near 105.70 and extend gains in the short run. In this case the rate could face the resistance area formed by the weekly R1 and the Fibo 38.20% in the 106.63/106.86 range.
If the given resistance area holds, it is likely that the US Dollar could trade sideways against the Japanese Yen within the following trading session.