Release： 01/29/2019 18:45

Update： 04/08/2021 02:35

Series

We will provide USD/JPY forecasts and analysis. How will USD/JPY move today? Predictions and analysis from Trader MASAKI's unique perspective.

Dollar/Yen Forecast January 30

■ USD/JPY Daily Chart Forecast Today

From the USD/JPY daily chart, it seems that the pair is hovering around the nearby double support lines at 109.337 and 109.193 yen, which have been considered strong since the other day, and the range-bound state continues. It appears that the attempts to break below these two double support lines from above has nearly all ended in failure. Currently, it seems to have returned above the 109.337 yen support line and may move higher again, returning to the original state.

What are the forecasts and analyses for the 4-hour and 1-hour charts? Ultimately, can we enter? Read more here

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