| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 60% | 50% | 16.7% |
| Shorts | 40% | 50% | -25.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During Thursday morning hours, the USD/JPY currency pair reversed north from the 103.80 mark.
It is likely that the exchange rate could face the resistance area formed by the 100– and 200-hour SMAs, as well the weekly PP in the 104.30/104.70 range. Thus, a reversal south could occur in the short run.
In the meantime, note that the currency pair could gain support from the 55-hour moving average near 104.00. Therefore, the pair could target the Fibo 23.60% at 105.00.