| 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 | ⇘ | ⇓ | ⇘ | |
Traders have not introduced big changes in the USD/JPY exchange rate for the past three sessions. The US Dollar breached the 55-hour SMA to the downside late last week but nevertheless failed to decline. Instead, the pair has been+ pushed in a narrow range between the 55– and 100-hour SMAs.
This failure to approach the senior channel line during the past sessions might point to a change in sentiment. Technical indicators are likewise more in favour of the bearish scenario today.
The nearest support is the weekly PP at 111.85. However, a more probable point of reversal could be the monthly R1 and the 55-period (4H) SMA at 111.50.