Facebook
 
 

30.09.202005:27 Análise de Forex: Forecast for USD/JPY on September 30, 2020

USD/JPY

The USD/JPY pair added 17 points yesterday, this morning it stopped before the balance indicator line on the daily chart. Now the market needs to shift the upward trend, bring the price above this line, and then the task of overcoming the price channel line at 106.40 will be much easier. The Marlin oscillator is moving into the zone of positive values, which strengthens the growth scenario. The first target of the yen at 106.00 is the 100.0% Fibonacci level reinforced by the MACD indicator line.

Exchange Rates 30.09.2020 analysis

The Marlin signal line cannot break away from the neutral border line on the 4-hour chart, which does not help the price in any way before attacking the 106.00 level. Even the very probability of attacking this level is in doubt. The price is likely to continue to consolidate and gain strength before breaking out to 106.40.

Exchange Rates 30.09.2020 analysis

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

Laurie Bailey,
Especialista em análise
do Grupo InstaForex © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.