Stay 
Trading Conditions
Products
Tools
USD/JPY
Unfortunately, investors' fears were stronger than the feverish struggle for leadership on the eve of the Federal Reserve meeting. Trading volumes in the last three days increased, the yen sat down even with yesterday's recovery of stock markets. The index of wide market S&P 500 added 0,01%, Nasdaq technologically advanced 0.45 percent, Dow Jones up by 0.35%. But today, the Japanese Nikkei 225 loses 0.64%, Chinese China A50 -0.17%.
On a daily scale, the price has fixed itself under the Krusenstern and balance lines, formally the decline can continue, but investors' reaction to the Fed's decision on monetary policy can change the current trend. And here upside reversal may be either from the next level of 112.16 (high Aug 1), below, from 111.40 – a low of 26 October, and it's high on May 21. The lower target drop point is 110.86. But even the qualitative probability of an event is now impossible to determine, one has only to wait for the decision of the market itself.
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.
