| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 56% | 57% | -1.2% |
| Shorts | 44% | 43% | 1.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇘ |
Yesterday, the USD/JPY currency pair tested the resistance level formed by the Fibonacci 38.205 retracement at 108.44. During Thursday morning, the pair was testing the lower boundary of the short-term ascending channel at 107.82.
From a theoretical point of view, it is likely that a reversal north could occur in the nearest future. However, note that the exchange rate has to surpass the resistance formed by the 55– and 100-hour SMAs located circa 108.10.
It is unlikely that a breakout south could occur, as the rate is supported by the 200-hour moving average, as well the weekly PP, located at 107.84 and 107.73 respectively.