| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 66% | 61% | 8.4% |
| Shorts | 34% | 39% | -16.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During Monday morning hours, the USD/JPY currency pair reversed north from the 103.20 level.
It is likely that the exchange rate could gain support from the 55-hour moving average near 103.60, and trade upwards in the short term. Note that the rate would have to exceed the resistance area formed by the 100– and 200-hour SMAs, as well the weekly PP in the 103.93/104.30 range.
If the predetermined resistance area holds, the currency pair could reverse south within the following trading session. The pair could re-test the psychological level at 103.00.