See also
10.04.2025 05:08 AMYesterday's heightened volatility in USD/JPY failed to change the bearish sentiment—the candle body never closed above the balance line. This morning's decline nearly engulfed yesterday's white candle.
The price is attempting to move back below the support range of 145.08/91, aiming for a test of 143.45. Beyond that, the next target would be 141.70, corresponding to the lows of December 2023, August, and September 2024.
On the daily chart, the Marlin oscillator's signal line turns downward for the second time from the zero line. This likely indicates a continuation of the downtrend.
On the 4-hour chart, the MACD line has acted as strong resistance to upward movement. The price has dropped below the balance line, although Marlin remains optimistic. We expect the market to cool and the price to return into the 145.08/91 range.
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?
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 InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
