USD/JPY is at 50.00% Fibo

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 49% 51% -4.08%
Shorts 51% 49% 3.92%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Sell Neutral Neutral
Stochastic (5; 3; 3) Neutral Sell Neutral
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

During the previous trading session, the rate was retraced by the upper boundary of the descending dominant pattern line at 109.90. On Monday morning, the US Dollar was trading at the 50.00% Fibo at the109.58 mark. 

In regards to the near-term future, most likely, the rate will be trading at the 109.40 level during the day. In addition, It is expected that the currency exchange rate will reach the dominant pattern line at 109.80. 

Besides, the 55-hour simple moving average will try to catch the rate to give additional support for the rest of the trading session.

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