Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 36% | 36% | 2.6% |
Shorts | 64% | 64% | -1.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇘ | ⇗ | ⇒ |
The USD/JPY currency pair failed to break the resistance level at 109.70 on Thursday. As a result, the US Dollar declined by 43 pips or 0.39% against the Japanese Yen during Thursday's trading session.
As for the near future, the exchange rate could continue to trade within the 109.75/109.20 levels.
However, technical indicators suggest that the currency exchange rate is likely to continue to trend bearish during the following trading session.