Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 43% | 47% | -7.4% |
Shorts | 57% | 53% | 5.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇘ | ⇒ |
During Friday's trading session, the currency exchange rate was supported by the 200-hour simple moving average to break the resistance of the 61.80% Fibo to end the day at 110.80. On Monday morning, the rate broke through the medium pattern line to be located at the 111.05 mark.
In regards to the near-term future, most likely, the rate will continue to surge towards the weekly R1 at the 111.32 mark.
However, today's US Retail Sales release at 12:30 GMT might depreciate US Dollar against the Japanese Yen to push the rate to end the day near the weekly pivot point at the 110.91 mark.