empty
30.04.2025 06:17 AM
Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Wednesday April 30, 2025.

This image is no longer relevant

On the 4-hour chart of the main currency pair USD/JPY, it can be seen that the Stochastic Oscillator indicator forms a Double Bottom pattern while the price movement of USD/JPY forms a Higher High so that this Divergence gives an indication that in the near future USD/JPY has the potential to strengthen up to the level of 144.03 and if this level is successfully breaks and closes above it, then USD/JPY has the potential to continue strengthening again to the level of 148.12, but if on its way to the targets of these levels suddenly there is a significant weakening correction, especially if it breaks through and closes below the level of 139.90, then all strengthening scenarios that have been described previously will be invalid and automatically canceled by themselves.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
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

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.