empty
 
 
06.01.2022 06:16 AM
Forecast for USD/JPY on January 6, 2022

Yesterday, the Japanese yen decided to stay in a narrow target range of 115.80-116.15 and this was due to objective circumstances: a decline in the dollar index by 0.11% and a fall in the US stock market by 1.94% (S&P 500). The stock market and the dollar still have a good chance of recovery - tomorrow there will be data on employment in the US for December and the forecast is very optimistic: 400,000 new jobs are expected in the non-agricultural sector, the unemployment rate will drop from 4.2% to 4.1 %.

This image is no longer relevant

Based on these optimistic expectations, the current consolidation in the target range can be taken as a respite for the price before further growth towards the target level of 117.05. The embedded line of the monthly timeframe price channel runs in the same area.

This image is no longer relevant

The situation remains the same on the four-hour scale - the price is in a growing position above both indicator lines, the Marlin Oscillator in the positive area begins to form a reversal towards continued growth. If the price moves below the MACD line (below 115.57), an attack on the daily MACD line (114.78) may develop.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback