USD/JPY depreciates by 0.60%

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 30% 43% -43.33%
Shorts 70% 57% 18.57%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Sell Buy Buy
SAR (0.02; 0.2) Sell Buy Buy
Aggregate

During Wednesday's trading session, the currency exchange rate passed through the supports of the most technical indicators to end the trading session at the 113.50 mark. During Thursday's morning, the US Dollar resisted by the 200-hour simple moving average to trade at the 113.40 mark.  

In regards to the near-term future, most likely, the US Dollar will keep depreciating towards the weekly S1 at the 113.16 mark due to a lack of technical indicators which could prevent the downward movement. 

On the other side, today's US Retail Sales data release at 13:30 GMT may turn the rate to surge upwards to the monthly pivot point at the 113.62 mark.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.