07.07.202004:48 Forex Analysis & Reviews: Forecast for USD/JPY on July 7, 2020

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

USD/JPY

The USD/JPY pair tested the resistance of 107.77 and retreated on the first day of the week, eventually closing the day by losing 17 points. The price never left the body of the candle above the balance indicator line on the daily chart, staying under it for four sessions. The Marlin is currently in the negative zone. It is difficult for the pair to grow.

But the main trend remains bullish, the question is whether it will be able to remain so, the price should not go below 107.00 for it to do so, that is, under the MACD line on the daily chart, and the price will have to overcome the resistance of 107.77 in order to confidently continue growth to 108.38 and 108.95.

The price is located between the balance and MACD lines on the four-hour chart. Here the price has two supports: the actual MACD line and just below the support of the trend line of the price channel of the daily timeframe (107.08). The nearest task is to go over the balance line (107.50), repeat the attack at 107.77 and gain a foothold over it. This is our main scenario, but it is no longer being implemented today.

It is not advisable to trade in the current situation, you need to wait for the consolidation of a particular trend.

Voltar a lista

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.