empty
 
 
04.01.2024 08:00 AM
Technical Analysis of Daily Price Movement of USD/JPY Main Currency Pairs,Thursday January 04 2024.

This image is no longer relevant

There is the appearance of deviation pattern between the price movement of USD/JPY main currency pairs with MACD Histogram indicator which at the same time, the movement of USD/JPY is hold by the Bullish Fair Value Gap level which act as the level Support area, although currently the USD/JPY price movement still below the WMA 30 shift 2, but based on the appearance of that Divergent, in a few days ahead, USD/JPY has the potential to appreciated upward to test the level 144,96 if the momentum as well as the volatility supporting enough, then it is not possible that the level 147,30 will be the next target to be aimed but this strengthening scenario will cancel itself if on the way to those level target suddenly USD/JPY corrected weak significantly especially if breaks below the level 140,71.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback