empty
in
खोज
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी
खोज
नए लोगों के लिए ट्रेडर्स के लिए पार्टनर्स के लिए एक ब्रेक ले लें About InstaSpot
in
For Traders
विदेशी मुद्रा विश्लेषण
Technical analysis

16.06.202215:25 विदेशी मुद्रा विश्लेषण और समीक्षा: Technical analysis and forecast for USD/JPY on June 16, 2022

In today's two reviews of the author on the euro/dollar and the pound/dollar, the results of yesterday's events related to the Fed have already been summed up, so I don't see any point in repeating myself. However, before proceeding to the consideration of the daily price chart for the dollar/yen pair, let me remind you that yesterday's decision of the US Federal Reserve System (FRS) exceeded the expectations of most analysts. Let me remind you that the consensus forecast assumed that following the results of its June meeting, the Fed would raise the federal funds rate by 50 basis points, but the rate was raised by 75 bps. Looking at the market reaction that led to the US dollar sell-off, the only thing that has to be assumed is that the previous and very strong growth of the US currency, especially paired with the Japanese yen, provided for this scenario. And now pay attention to the daily price chart.

Daily

Exchange Rates 16.06.2022 analysis

As a result of yesterday's decline, which occurred despite a more significant increase in the federal funds rate than expected, a reversal pattern of the "Bearish Absorption" candlestick analysis appeared on the USD/JPY daily chart. Let me remind you that this model consists of two candles, the last (red) of which absorbed the body of the previous bullish candle. As a result, at today's trading, the pair is trying to continue implementing the bearish scenario and is still trading with a slight decrease near the strong technical level of 133.00. As can be seen on the daily chart, the red Tenkan line of the Ichimoku indicator provides very significant support to the price. It is not for nothing that after trying to go down this line, the current daily candle already has a fairly significant lower shadow, that is, the quote bounces up from the Tenkan line. According to the Fibonacci tool grid, stretched for global growth of 114.67-135.60, it would be quite logical and technically competent to roll back to the first level of correction from this movement of 23.6 fibo. In addition, as can be seen on this chart, there is a previously broken and far from the weak resistance level of 131.32, and a little lower is the blue Kijun line of the Ichimoku indicator. All this taken together can provide USD/JPY with very strong support and reverse the course in the north direction again. Thus, I suggest not to rush right here and now, but to wait for the decline in the price zone of the expected strong support of 131.35-130.65 and plan purchases from here, that is, to open positions on the current and very strong upward trend. The confirmation signal for opening long positions on the dollar/yen pair will be the appearance of bullish reversal patterns of candle analysis on this or smaller time intervals that will appear in the selected price area. If the USD/JPY pair confidently returns to the previously broken resistance level of 131.32, it will be time to think about a trend change or at least a deeper corrective pullback.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Ivan Aleksandrov,
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.

See Also

विदेशी मुद्रा विश्लेषण और समीक्षा
सभी एनालिटिक्स
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
Trend line
Video analytics
Instrument:
EURUSD
GBPUSD
USDCHF
USDCAD
USDJPY
AUDUSD
GBPJPY
EURGBP
EURJPY
NZDUSD
EURNZD
Silver
Gold
#USDX
COVID-19
Bitcoin
फोटो समाचार
सभी फोटो समाचार
फोरेक्स न्यूज़
  • 2025-04-04 01:24:44
    Brazilian Services Activity at 4-Month High
    त्वरित शो
    2025-04-04 01:24:44
    Gold Falls from Record High
    त्वरित शो
    2025-04-04 01:24:44
    Brazil Private Sector Activity at 4-Month High
    त्वरित शो
    2025-04-04 01:24:44
    US Continuing Jobless Claims Highest Since November 2021
    त्वरित शो
    2025-04-04 01:24:44
    Brazil's Service Sector Gains Momentum: March S&P Global Services PMI Rises to 52.5
    त्वरित शो
    2025-04-04 01:24:44
    Brazil's Economic Momentum Gathers Pace in March: S&P Global Composite PMI Rises to 52.6
    त्वरित शो
    2025-04-04 01:24:44
    US Exports Surge 2.9% to All-Time High
    त्वरित शो
    2025-04-04 01:24:44
    Canadian Imports Hit New Record High
    त्वरित शो
    2025-04-04 01:24:44
    Canadian Exports Drop
    त्वरित शो
    2025-04-04 01:24:44
    U.S. Imports Remain Close to Record High
    त्वरित शो
  • 2025-04-04 01:24:44
    Ibovespa Closes Marginally Lower as Brazil Gains Trade Edge
    त्वरित शो
    2025-04-04 01:24:44
    US Reserve Balances Dip Slightly in April 2025
    त्वरित शो
    2025-04-04 01:24:44
    Fed's Balance Sheet Shrinks: Indicator Drops by $17 Billion
    त्वरित शो
    2025-04-04 01:24:44
    US Stocks Suffer Sharp Declines Amid Tariff Concerns
    त्वरित शो
    2025-04-04 01:24:44
    Wall Street Plunges as Trump’s Tariffs Spark Market Turmoil
    त्वरित शो
    2025-04-04 01:24:44
    Paraguay Inflation Rate Accelerates to 1-1/2-Year High
    त्वरित शो
    2025-04-04 01:24:44
    Atlanta Fed's GDPNow Forecast Brightens Amid Slight Economic Uptick in Q1
    त्वरित शो
    2025-04-04 01:24:44
    DAX Suffers Worst Day in Over 8 Months
    त्वरित शो
    2025-04-04 01:24:44
    Brazilian Real at Over 5-Month Highs
    त्वरित शो
    2025-04-04 01:24:44
    UK Stocks End at Over 2-Month Low
    त्वरित शो
  • 2025-04-04 01:24:44
    US 30-Year Mortgage Rate Eases for 3rd Consecutive Week
    त्वरित शो
    2025-04-04 01:24:44
    European Stocks Fall Sharply on Trump’s New Tariffs
    त्वरित शो
    2025-04-04 01:24:44
    Mexican Peso Strengthens Amid Tariff Exemption
    त्वरित शो
    2025-04-04 01:24:44
    Slight Dip in 8-Week Bill Auction Yield in the United States
    त्वरित शो
    2025-04-04 01:24:44
    Steady Climb: US 4-Week Bill Auction Sees Marginal Increase in Yield to 4.240%
    त्वरित शो
    2025-04-04 01:24:44
    Irish Exchequer Returns Surge in March, Hitting €4.1 Billion
    त्वरित शो
    2025-04-04 01:24:44
    Gasoline Drops Further After OPEC+
    त्वरित शो
    2025-04-04 01:24:44
    Fitch Cuts China's Credit Rating to A
    त्वरित शो
    2025-04-04 01:24:44
    Heating Oil Near 3-Month Lows
    त्वरित शो
    2025-04-04 01:24:44
    US Natural Gas Storage Rises More than Expected
    त्वरित शो
  • 2025-04-04 01:24:44
    Lumber Retreats From 2-1/2-Year High
    त्वरित शो
    2025-04-04 01:24:44
    U.S. Natural Gas Storage Levels Decline: April 2025 Update
    त्वरित शो
    2025-04-04 01:24:44
    Canada 10-Year Bond Yield Drops Amid Recession Fears
    त्वरित शो
    2025-04-04 01:24:44
    Mexico Fixed Investment Shrinks the Most in 4 Years
    त्वरित शो
    2025-04-04 01:24:44
    Baltic Dry Index Dips to 3-Week Low
    त्वरित शो
    2025-04-04 01:24:44
    US Services Growth Lowest in 9 Months: ISM
    त्वरित शो
    2025-04-04 01:24:44
    U.S. ISM Non-Manufacturing Prices See a Slight Decline in March
    त्वरित शो
    2025-04-04 01:24:44
    US ISM Non-Manufacturing PMI Declines in March, Indicates Slowing Growth
    त्वरित शो
    2025-04-04 01:24:44
    U.S. ISM Non-Manufacturing Employment Dips Sharply in March
    त्वरित शो
    2025-04-04 01:24:44
    U.S. ISM Non-Manufacturing New Orders Decline to 50.4 in March
    त्वरित शो
  • 2025-04-04 01:24:44
    Growth in US Service Sector Gains Momentum in March as Business Activity Rises
    त्वरित शो
    2025-04-04 01:24:44
    Canada Services Activity Plunges to Lowest on Record
    त्वरित शो
    2025-04-04 01:24:44
    US Private Sector Growth Picks Up in March: S&P Global
    त्वरित शो
    2025-04-04 01:24:44
    US Services PMI Revised Higher
    त्वरित शो
    2025-04-04 01:24:44
    TSX Plunges Amid Tariff Fears and Trade Imbalances
    त्वरित शो
    2025-04-04 01:24:44
    U.S. Services Sector Shows Resilience with Slight PMI Uptick in March
    त्वरित शो
    2025-04-04 01:24:44
    U.S. Economic Momentum Grows as S&P Global Composite PMI Rises in March
    त्वरित शो
    2025-04-04 01:24:44
    Canada Private Sector Activity Plummets in March
    त्वरित शो
    2025-04-04 01:24:44
    US Stocks Sink
    त्वरित शो
    2025-04-04 01:24:44
    Ibovespa Retreats After US Tariff Rollout
    त्वरित शो
  • 2025-04-04 01:24:44
    Brazilian Services Activity at 4-Month High
    त्वरित शो
    2025-04-04 01:24:44
    Gold Falls from Record High
    त्वरित शो
    2025-04-04 01:24:44
    Brazil Private Sector Activity at 4-Month High
    त्वरित शो
    2025-04-04 01:24:44
    US Continuing Jobless Claims Highest Since November 2021
    त्वरित शो
    2025-04-04 01:24:44
    Brazil's Service Sector Gains Momentum: March S&P Global Services PMI Rises to 52.5
    त्वरित शो
    2025-04-04 01:24:44
    Brazil's Economic Momentum Gathers Pace in March: S&P Global Composite PMI Rises to 52.6
    त्वरित शो
    2025-04-04 01:24:44
    US Exports Surge 2.9% to All-Time High
    त्वरित शो
    2025-04-04 01:24:44
    Canadian Imports Hit New Record High
    त्वरित शो
    2025-04-04 01:24:44
    Canadian Exports Drop
    त्वरित शो
    2025-04-04 01:24:44
    U.S. Imports Remain Close to Record High
    त्वरित शो
  • 2025-04-04 01:24:44
    Ibovespa Closes Marginally Lower as Brazil Gains Trade Edge
    त्वरित शो
    2025-04-04 01:24:44
    US Reserve Balances Dip Slightly in April 2025
    त्वरित शो
    2025-04-04 01:24:44
    Fed's Balance Sheet Shrinks: Indicator Drops by $17 Billion
    त्वरित शो
    2025-04-04 01:24:44
    US Stocks Suffer Sharp Declines Amid Tariff Concerns
    त्वरित शो
    2025-04-04 01:24:44
    Wall Street Plunges as Trump’s Tariffs Spark Market Turmoil
    त्वरित शो
    2025-04-04 01:24:44
    Paraguay Inflation Rate Accelerates to 1-1/2-Year High
    त्वरित शो
    2025-04-04 01:24:44
    Atlanta Fed's GDPNow Forecast Brightens Amid Slight Economic Uptick in Q1
    त्वरित शो
    2025-04-04 01:24:44
    DAX Suffers Worst Day in Over 8 Months
    त्वरित शो
    2025-04-04 01:24:44
    Brazilian Real at Over 5-Month Highs
    त्वरित शो
    2025-04-04 01:24:44
    UK Stocks End at Over 2-Month Low
    त्वरित शो

कंपनी समाचार
सभी समाचार
हमसे प्यार के साथ: वेलेंटाइन डे के लिए जीतें $5,000!

हमसे प्यार के साथ: वेलेंटाइन डे के लिए जीतें $5,000!

.

और दिखाओ
Caricatures
All caricatures
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
 

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.