empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

20.01.202504:52 Forex Analysis & Reviews: Forecast for USD/JPY on January 20, 2025

Relevance up to 21:00 2025-01-20 UTC--5

On Friday, the USD/JPY pair bounced off the MACD line's support, indicating a correction after a two-day decline. The Marlin oscillator's signal line reversed downward from the neutral zero line, suggesting that the corrective growth may be coming to an end.

Exchange Rates 20.01.2025 analysis

If the price breaks below the MACD line at 155.10, the first target will be 153.20, followed by a potential test of the support at 151.30. On the H4 chart, the Marlin oscillator is also turning downward from the zero line. This alignment with the longer timeframe adds to the likelihood of further price declines.

Exchange Rates 20.01.2025 analysis

Currently, the price is trying to break below the support level at 156.04. A consolidation below this level could occur around the time of Donald Trump's inauguration. The next anticipated target would be 155.10.

Important Note: This year's presidential inauguration coincides with Martin Luther King Jr. Day, a national holiday in the U.S., which may limit market activity. Significant movements are expected to resume the following day.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Laurie Bailey,
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.

Não pode falar agora?
Faça sua pergunta no chat.