| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 49% | 9.26% | |
| Shorts | 46% | 51% | -10.87% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The US Dollar has been trading in a narrow channel down against the Japanese Yen since May 2. This channel is being considered as a temporary retracement from the upper border of a dominant pattern.
After reaching the lower boundary of the dominant ascending channel, the currency pair began to appreciate. As a result, the pair has breached the 50.00% Fibonacci retracement level.
The USD/JPY currency exchange rate is likely to continue moving north until it encounters a resistance level set by either the 200– hour SMA or the 100– hour simple moving average.