Condizioni di trading
Strumenti
Yesterday, the yen reached strong support along the embedded price channel line of 138.60, piercing it a bit. This morning the price is slightly above the support. The Marlin oscillator is moving up, but the pair is far from being a lost cause and it hasn't lost anything yet - settling in the area below 138.60 can push the pair to fall further to 136.90.
And there will be a risk of a price convergence with the Marlin oscillator. But if not, the next target is 135.17. A collapse in the stock market could be the driving force behind such a decline.
On the four-hour chart, the price settled under the balance and MACD indicator lines. The Marlin oscillator is developing in the descending trend area. There is a higher probability of continuing the decline than the probability of a reversal. I expect the price to reach the target level of 136.90.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.