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18.03.202504:37 Forex Analysis & Reviews: USD/JPY Forecast for March 18, 2025

This morning, the yen reached the 149.38 level, which coincides with the 23.6% Fibonacci retracement. This level is significant as it suggests a potential reversal into a new wave of decline.

Exchange Rates 18.03.2025 analysis

However, the Marlin oscillator has settled in positive territory, indicating a pull toward the next retracement level of 38.2% at 151.30. The probability of growth is estimated at 60%.

Exchange Rates 18.03.2025 analysis

On the four-hour timeframe, the current candle opened above the 149.38 level, with the oscillator rising in the positive zone. The oscillator's potential to reach the overbought area approximately corresponds with the price level of 151.30. It appears that the price may be heading in that direction.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
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