What To Expeced Form The US Dollar To Japanese Yen Pair?

Rising U.S. Treasury Bond Yields Have Helped The USD/JPY Bulls

Yesterday, the yen was traded in the range of 550 points, significantly puncturing both resistance and support levels. The volume of daytime trading was a record for the year and it seems that all the nervous growth of the last two weeks has ended.

Exchange Rates 23.09.2022 analysis

The Marlin Oscillator approached the border with the territory of the declining trend, ready to attack it synchronously with the price that is assigned to the support of 141.25. Overcoming the support opens the next one with a target of 139.30.

Exchange Rates 23.09.2022 analysis

On a four-hour scale, the price is firmly retained under the balance indicator line (red), and the Marlin Oscillator is also declining in the negative area. We are waiting for the price to overcome the nearest support of 141.25 and its further decline to the target level of 139.30.


Relevance up to 04:00 2022-09-24 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Read more: https://www.instaforex.eu/forex_analysis/322465

Rising U.S. Treasury Bond Yields Have Helped The USD/JPY Bulls

InstaForex Analysis

Instant Trading EU Ltd. is the CFD broker operating under the brand instaforex.eu, regulated by CySec with license number 266/15.

Besides CySEC, Instant Trading EU Ltd. is also supervised by the Czech National Bank (CNB), the Slovak National Bank (SNB), and the Polish Financial Supervision Authority (KNF). InstaForex.eu has branches in the Czech Republic, Slovakia, and Poland, where it provides support in local languages. InstaForex.eu is a member of the Investor Compensation Fund (I.C.F) which is an additional security for the client's funds.

InstaForex.eu offers access to around 2,500 instruments (CFDs in Stocks, ETFs, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Stocks) and the MT4 and MT5 platforms,trading accounts in EUR, USD, PLN, CZK, GBP.

More information at: www.instaforex.eu


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.82%. of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.