See also
06.06.2025 08:13 AMAs of this morning, the USD/JPY pair has found itself in a completely dual situation, with an equal likelihood of both growth and decline. Indicators suggesting growth include the price holding above the 143.45 level, the inability of the price to fall below the MACD line, and the current candlestick resting exactly on the Fibonacci time line with a growing upward intention. The Marlin oscillator is testing the boundary of the growth territory, where the probability of an upward breakout slightly exceeds the likelihood of a downward reversal.
However, even if today's candlestick turns out to be black, by Monday a new candlestick must consolidate below the MACD line (142.43); otherwise, this bearish push will also prove to be short-lived. The target for growth is 146.11. Under the current circumstances, the 145.08 level appears to be an intermediate target. If today's Nonfarm Payrolls weaken the dollar, the primary downward target will be 139.59, which could be reached within 2–3 days.
On the four-hour chart, the price is rising above the indicator lines, above the 143.45 level, and the Marlin oscillator has moved into positive territory. However, all these signs of growth could turn out to be false, as happened on June 3–4 (the gray area on the oscillator). We await the release of U.S. labor data.
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.
