empty
 
 
06.11.2018 02:14 PM
Forecast for USD / JPY for November 6, 2018

USD / JPY pair

The Japanese yen yesterday remained almost unchanged in price, having only fixed on the daily chart above the balance line. The signal line of the Marlin oscillator during this time has moved to the territory of the growing trend. On the four-hour chart, the situation continues to increase.

This image is no longer relevant

The American stock market yesterday grew by 0.56% and the Japanese rose by 1.02% today. Optimism in the stock market before the elections to the American Congress is more stable, as the market itself seems to be less susceptible to the results of these elections than the currency market.

We are waiting for the yen at the border of the embedded line of the price channel at 114.88.

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback