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!
Today's labor data from Japan showed a jump in the August unemployment rate from 2.3% to 2.6% (forecast: 2.4%). According to market participants, such figures will slow the Bank of Japan's monetary tightening. Considering that the yen has spent 2.5 months in the 146.29–149.38 range precisely in anticipation of tightening signals, after a signal pointing to easing, the pair may break out of the range upward.
On the daily chart, we see that the upper boundary of the range at 149.38 will soon align with the MACD line, so their overlap may provoke another strong price surge, continuing the uptrend. The target is the 151.70–152.10 range. The Marlin oscillator is close to entering positive territory. An initial upward move may be expected today or on Monday.
A move below support at 146.29 would open the alternative bearish scenario with a target at 144.33. If this happens, it would likely mean new global concerns have emerged.
On the H4 chart, the Marlin oscillator is also close to turning positive. The first resistance lies at the MACD line near 148.07. A breakout above it would pave the way to testing 149.38.
*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।
