empty
12.01.2022 11:34 PM
USD/JPY reached dynamic support, sell-off could be over

The USD/JPY pair dropped aggressively in the short term as the DXY plunged and the yen futures have managed to rebound. Technically, it has reached a downside target and now is fighting hard to rebound. Still, the pressure is high as the Dollar Index is strongly bearish after the US inflation data release.

Fundamentally, the yen received a helping hand from the Japanese Current Account which was reported at 1.37T above 1.05T expected, while the Economy Watchers Sentiment increased from 56.3 to 56.4 points, whereas specialists expected a potential drop to 56.2.

Tomorrow, the US is to release the PPI, Core PPI, and the Unemployment Claims. On Friday, the retail sales data could shake the price.

USD/JPY massive drop

This image is no longer relevant

After reaching the first warning line (WL1), the pair was somehow expected to drop. USD/JPY is in a corrective phase which could be over here around the upper median line (UML). Also, the price is almost to reach the uptrend line which represents a dynamic support level.

It remains to see how it will react around the upper median line (UML). Registering only a false breakdown or developing a strong bullish pattern above it may signal that the correction is over and that the bulls could take the lead again.

USD/JPY prediction

The currency pair reached an important support level. A minor accumulation here and the uptrend line retest could bring new buying opportunities. In my opinion, only a valid breakdown below the uptrend line could invalidate the upside scenario and could announce a larger downside movement.

Ralph Shedler,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
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

推荐文章

6月13日英鎊/美元交易建議和分析:疲弱的GDP數據破壞了英鎊的前景。

週四,GBP/USD 貨幣對繼續上升。然而,有些令人驚訝的是,本週英鎊的升值幅度較歐元小。

Paolo Greco 03:41 2025-06-13 UTC+2

歐元/美元6月13日交易建議和分析:特朗普警告提高關稅

EUR/USD 貨幣對在週四持續了週三開始的強勁上升趨勢。當日接近尾聲時開始出現向下的回調,但這次的回調明顯弱於之前的上升。

Paolo Greco 03:40 2025-06-13 UTC+2

如何在6月12日交易英鎊/美元貨幣對?初學者的簡單提示和交易分析

週三,GBP/USD 貨幣對的走勢類似於 EUR/USD 貨幣對。美國通脹報告成為美元下跌的新驅動力,儘管數據並不算災難性的。

Paolo Greco 06:05 2025-06-12 UTC+2

如何在6月12日交易EUR/USD貨幣對?新手簡單技巧和交易分析

週三,EUR/USD 貨幣對恢復了其超過四個月的上升趨勢。更確切地說,自唐納德·特朗普成為總統以來就一直持續。

Paolo Greco 06:05 2025-06-12 UTC+2

2023年6月12日英鎊/美元交易建議與分析:英鎊再添喜訊

週三,GBP/USD貨幣對恢復了上升趨勢。如先前所述,英鎊目前並無有效理由對美元下跌——尤其是 對美元 來說。

Paolo Greco 04:00 2025-06-12 UTC+2

2023年6月12日EUR/USD交易建議與分析:通脹數據甚至未能提振美元

EUR/USD 貨幣對在整個週三的交易表現相當不同。在歐洲交易時段,該貨幣對繼續其橫向波動的趨勢,這種趨勢已持續了幾天。

Paolo Greco 03:55 2025-06-12 UTC+2

GBP/USD:6月11日美國盤交易計劃(早盤交易回顧)

在我早上的預測中,我注意到了1.3483水準,並計劃根據此水平做出交易決策。讓我們來看看5分鐘圖,並分析發生了什麼。

Miroslaw Bawulski 18:41 2025-06-11 UTC+2

EUR/USD:6月11日美國交易時段交易計劃(早盤交易回顧)

在我上午的預測中,我強調了1.1425水平,並計劃根據該水平做出進場決策。讓我們看一下5分鐘圖表,觀察發生了什麼。

Miroslaw Bawulski 18:38 2025-06-11 UTC+2

如何在6月11日交易英鎊/美元貨幣對?初學者的簡單提示和交易分析

在週二,英鎊/美元貨幣對呈現出下行趨勢,這是由幾個因素所致。首先,該貨幣對跌破了上升趨勢線。

Paolo Greco 06:10 2025-06-11 UTC+2

6月11日如何交易歐元/美元貨幣對?初學者的簡單提示和交易分析

週二,歐元/美元貨幣對再次顯示出無意積極交易。在過去三天內,從小時圖上已形成一個橫向通道,而該貨幣對的波動性仍然非常低。

Paolo Greco 06:10 2025-06-11 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
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.