empty
 
 
cn
支持
即时开户
交易平台
入金/出金

25.10.202306:20 Forex Analysis & Reviews: Forecast for USD/JPY on October 25, 2023

USD/JPY:

Apart from the ongoing sideways movement (consolidation below the 150.00 level), not much is happening with the yen. The Marlin oscillator is also moving along the zero line. Evidently, Japanese investors are waiting for the results of the upcoming Federal Reserve meeting next week.

Exchange Rates 25.10.2023 analysis

The ongoing prolonged consolidation may accumulate the potential for a quick rise to 151.95, but then there could be an equally quick reversal into a medium-term decline, which we expect next week.

On the 4-hour chart, a bearish reversal is in the works without any signs of a bullish breakout. We can confirm this once the price settles below the MACD line, below the 149.62 level.

Exchange Rates 25.10.2023 analysis

The two previous breakouts of this support occurred without consolidation (gray ovals). A consolidation below the line will open the target of 148.50. From a technical perspective, it's easier for the price to consolidate above the resistance level at 150.00. We are seeing a local uptrend.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.