Main Quotes Calendar Forum
flag

FX.co ★ Forecast for USD/JPY on March 18, 2022

parent
Forex Analysis:::2022-03-18T03:54:20

Forecast for USD/JPY on March 18, 2022

Yesterday, the dollar's growth against the yen slightly stopped for a breather after the previous 8-day growth. Stock indices in Europe and the US showed growth yesterday, this morning the Japanese and Chinese indices are also rising. The Marlin Oscillator on the daily chart has slightly bent down, but not critically, along a soft radius, which looks like the oscillator is depleting before further growth. The growth target is the 119.53/93 range - a range of adjacent price channel lines on a monthly scale.

Forecast for USD/JPY on March 18, 2022

On a four-hour scale, the main sign of continued growth is the reversal of Marlin's signal line from its own zero line. The oscillator has completely discharged and is now ready to continue rising.

Forecast for USD/JPY on March 18, 2022

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...