empty
24.03.2025 05:20 AM
USD/JPY Forecast for March 24, 2025

On Friday, the USD/JPY pair followed an alternative scenario. A price reversal occurred at the very last moment — just before the Marlin oscillator entered the downtrend territory. The price has now broken above the target 149.38 and the 23.6% Fibonacci retracement level.

This image is no longer relevant

The price is now heading toward the target level of 151.30 — the March 3 high, which coincides with the 38.2% Fibonacci retracement. A breakout above this level would allow the uptrend to continue toward the target range of 153.60–154.56, defined by the MACD line and the June 2024 low. This range also contains the 61.8% Fibonacci retracement. This is now the main scenario.

This image is no longer relevant

On the H4 chart, the price has consolidated above the 149.38 target level, and the Marlin oscillator has moved into positive territory. We now expect the price to reach the first target at 151.30.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Yuriy Zaycev
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on August 18, 2025

On Friday, the EUR/USD pair rebounded from the support zone of 1.1637–1.1645, turned in favor of the euro, and consolidated above the 76.4% retracement level at 1.1695. Thus, growth

Samir Klishi 12:28 2025-08-18 UTC+2

GBP/USD. August 18th. The Dollar Lacks Support

On the hourly chart, GBP/USD on Friday performed a corrective pullback toward the 100.0% retracement level at 1.3586. However, the last trading signal was formed on Thursday — a rebound

Samir Klishi 12:23 2025-08-18 UTC+2

EUR/USD. Analysis and Forecast

At the moment, the pair is at the round level of 1.1700, near last week's high. Friday's engulfing pattern indicates that the pair is poised for growth with some correction

Irina Yanina 12:18 2025-08-18 UTC+2

GBP/USD. Technical Analysis for the Week of August 18–23

Last week, the pair moved upward and tested the historical resistance level of 1.3579 (blue dashed line), after which the price pulled back slightly and closed the weekly candle

Stefan Doll 11:42 2025-08-18 UTC+2

EUR/USD. Technical Analysis for the Week of August 18–23

Last week, the pair moved upward and tested the 14.6% retracement level at 1.1717 (blue dashed line), closing the weekly candle at 1.1704. In the upcoming week, the price

Stefan Doll 11:02 2025-08-18 UTC+2

GBP/USD. Indicator Analysis on August 18, 2025

On Friday, the pair moved upward, falling just short of the upper fractal at 1.3593 (yellow dashed line), after which the price moved downward and closed the daily candle

Stefan Doll 10:57 2025-08-18 UTC+2

EUR/USD. Indicator Analysis on August 18, 2025

On Friday, the pair, moving upward, tested the upper fractal at 1.1715 (daily candle of August 14, 2025), after which the price pulled back slightly and closed at 1.1704. Today

Stefan Doll 10:41 2025-08-18 UTC+2

Forex forecast 18/08/2025: EUR/USD, USD/CAD, USD/JPY, GBP/USD, SP500 Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:22 2025-08-18 UTC+2

EUR/USD Forecast for August 18, 2025

The talks between Vladimir Putin and Donald Trump in Anchorage ended on a neutral note. Some agreements were likely reached, but any breakthrough lies in the future. Energy markets, being

Laurie Bailey 04:57 2025-08-18 UTC+2

GBP/USD Forecast for August 18, 2025

The British pound closed Friday with gains, and Monday opened with continued optimism. As noted earlier, the pound has been moving simultaneously within several ranges. Now we see a rebound

Laurie Bailey 04:57 2025-08-18 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

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?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.