See also
20.03.2025 04:37 AMYesterday's Bank of Japan and Federal Reserve meetings were uneventful, but they did not provide any reasons for the yen to weaken against the dollar. Instead, the yen's strengthening trend continues. The price briefly broke through the 149.38 resistance level on the daily chart but then retreated sharply.
This morning, the decline continues, despite Japan's market holiday. The Marlin oscillator is turning lower from positive territory, generating an independent sell signal. The target range of 145.08/91, which was established by the lows of September and October 2022, remains in focus.
On the H4 chart, both the price and oscillator have formed a divergence, with the price breaking below the MACD line. The trend is downward, and we anticipate that the pair will reach the designated target range.
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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.
