Forecast for USD/JPY on February 23, 2021


The range of yesterday's trading in the yen was 86 points, in this very day it closed under the embedded line of the price channel, and the Marlin oscillator entered the territory of the downward trend this morning.

The pair did not hit the target level of 106.50 due to the external market - the US stock index S&P 500 collapsed, this time by -0.77%, and the yen could not withstand it. The tech-savvy Nasdaq plunged 2.46%. Now the nearest target for the yen is the level on February 10 and January 11 (104.42). Overcoming it will extend the descent to the MACD line to the 104.14 area.

The price has settled below both indicator lines on the four-hour chart, while the Marlin oscillator continues to decline, and we expect the USD/JPY pair to continue to fall to the targets.

0 views0 comments

Recent Posts

See All



Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.


Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with