| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 71% | 4.05% | |
| Shorts | 26% | 29% | -11.54% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇘ | |
Any technical signals about USD/JPY's possible direction on Wednesday were shuttered by a 1.17% plunge during the morning hours. This massive decline was caused primarily by global geopolitical tensions which shifted risk-averse investors to the Yen as a save-haven currency.
Bulls managed to overtake the market for a few hours, but their gains were once again erased later in the evening. By Thursday morning, USD/JPY was trading at the 109.50 mark.
Technical indicators converging with the current price movement suggests that a bullish reversal might be under way. The daily high should be the combined resistance of the 200– and 55-hour SMAs and the weekly PP at 110.40. In case bears prevail, the Greenback should not fall below the 109.00 level.