| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 37% | 31% | 16.4% |
| Shorts | 63% | 69% | -9.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Downside risks dominated the USD/JPY currency pair lower during Friday's trading session. As a result, the US Dollar fell by 91 pips or 0.83% against the Japanese Yen on Friday.
Currently, the exchange rate is trading near the lower line of a descending channel pattern and could be set for a breakout.
If the breakout occurs, bears could target the 109.00 level within the following trading session.
However, if the channel pattern holds, a surge towards the 109.80 area could be expected today.