empty
en
Support
Instant account opening
Trading Platform
Deposit/Withdraw

27.12.202312:41 Forex Analysis & Reviews: USD/JPY analysis for December 27, 2023 - Potential for the rally towards upside references

Technical analysis:

Exchange Rates 27.12.2023 analysis

USD/JPY has been trading upside today and I found breakout of the key resistance line at 142.60.

The chart is in 2-hour time-frame and I see the re-test of the previous swing high, which is good sign for the further rally.

Momentum oscillator is showing positive reading and middle Keltner line is acting like support, which is another good sign for the further rally.

I see potential for the rally towards upside reference at 143.30

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

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

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.