empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

20.09.201912:06 Forex Analysis & Reviews: Forecast for USD/JPY on September 20, 2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

USD/JPY

Over the past two weeks, the dollar has spent a lot of effort to grow against the yen in difficult technical and fundamental conditions. Yesterday, the price could not gain a foothold over the red line of the price channel (on the daily) and fell back down by more than 40 points. The Marlin Oscillator is also turning down, now the price is supported by the green upward price channel line (107.22).

Exchange Rates 20.09.2019 analysis

As seen on the four-hour chart, the price was fixed under the balance and MACD lines, the Marlin oscillator is in a downward position. Continued growth is possible, but now after the correction.

Exchange Rates 20.09.2019 analysis

Laurie Bailey
Analytical expert of InstaForex
© 2007-2024

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.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off