Analytics

Four-hour USD / JPY Schedule. Currency pair expected continued to move upwards. Now the price is in the region of overbought and aims to the upper boundary of this zone – level 123.44 (+2/8).

Events that should be paid to today: 10.00 MSK. United Kingdom: change in the volume of retailers for February. 12.00 MSK.

Contrary to the expectations of the correctional decline, the price continues to grow confidently. At the same time, each step brings the opposite movement.

Dollar experiencing small problems with regard to European currencies, which suddenly decided to start strengthening, rushing against the yen. The Japanese currency rapidly learn the positions and the movement of the observed pair looks impressive.

Daily chart: The lower band of the Bollinger fell even lower, under the round level 1.0800, which makes this zone key target for medium-term sellers.