Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
USD/JPY
As of today, the USD/JPY pair has formed complex and contradicting conditions for both a simultaneous rise and fall. In favor of growth, we have a powerful price drop due to the Bank of Japan's currency interventions, which cleared the way for new buyers to aim for 160.40 and above (163.85), as well as the Marlin oscillator returning to the uptrend territory.
Supporting a decline, we have had a sharp slowdown in growth in the last two days, with the target resistance at 155.75 and before the Fibonacci level of 50%. From these positions, we noticed that the Marlin oscillator has a tendency to return below the zero line. We need a signal from the price itself, and for this, the daily candle must close above or below the level of 155.75, which is currently where it is. In case the price chooses the bearish scenario, the first target will be the MACD line around the 153.75 mark, very close to the Fibonacci level of 23.6%. As for the bearish scenario, the target will be the intermediate level of 158.00 - the May 1 peak.
On the 4-hour chart, the price consolidates at the level of 155.75 and on the MACD line. The Marlin oscillator is gradually descending towards the boundary of the downtrend territory, prompting prices to choose a bearish scenario. In order to clarify the situation, we should let at least a day pass.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।