Main Quotes Calendar Forum
flag

FX.co ★ Forecast for USD/JPY on July 31, 2020

parent
Forex Analysis:::2020-07-31T04:17:40

Forecast for USD/JPY on July 31, 2020

USD/JPY

The Japanese yen continues to develop according to the main scenario: a consistent decline to the target levels of 103.80, 102.45. The price forcefully overcame the 104.60 level on the daily chart, about 60 points to the nearest at 103.80. It seems that the level will be reached, as the readings of the indicators are decreasing and strong.

Forecast for USD/JPY on July 31, 2020

The signal line of the Marlin Oscillator on the four-hour chart has turned down from the border of the growth territory.

Forecast for USD/JPY on July 31, 2020

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...