Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 49% | 42% | 14.1% |
Shorts | 51% | 58% | -13.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇘ |
During Thursday, the USD/JPY currency pair traded downwards. During today's morning, the pair was testing the resistance provided by the 55– and 100-hour SMAs near 105.80.
If the given resistance holds, it is likely that some downside potential could prevail in the market. In this case the exchange rate could re-test the support formed by the weekly S2 and the Fibo 23.60% near 105.00.
Otherwise, it is likely that the currency pair could re-test the resistance formed by the 200-hour SMA and the monthly PP in the 106.10 area.