| Positions | Today | Yesterday | % Change | |
| Longs | 65% | 68% | -4.62% | |
| Shorts | 35% | 32% | 8.57% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇘ | ⇘ | |
After rebounding from the lower boundary of a breached four-month channel down early on Friday, the US Dollar was guided by the 55-hour SMA until a strong hourly plunge around 1400GMT pushed the rate towards the bottom boundary of a six-week channel.
This fall was caused by BOJ Governor Kuroda's comments in Davos where he claimed that Japan was getting close to its 2% inflation target, thus putting upward pressure on the Yen. A test of the aforementioned channel was followed by a rebound back to the 55-hour SMA within the Asian session.
Technical indicators remain bearish. A possible upside target today could be the 100-hour SMA and the weekly PP circa 109.50, while the nearest support is the distant weekly S1 at 107.53.