Ultima Markets[Market Analysis] Economic Improvement Stimulates Carry Trading, Short Term Day...

todayUltimaMarkets Bringing you 2024year 2month 28The daily exchange rate between the US dollar and Japanese yenIn depth analysis.

Fundamental points

• 交易员妥协：今年年初，市场预计2024年的降息幅度超过了150个基点。而目前则预期美联储今年降息幅度将不超过75Basis points,12月美联储点阵图一致。
• 日元贬值压力：过去几周，主要经济体的经济数据出人意料地呈现上行趋势。乐观情绪或将利于日元的套息交易，这一定程度上打压日元升值走势。
  

technical analysis

Daily chart of USD/JPY, sourceUltimaMarkets MT4）

• Random oscillation index：指标在超买区域即将发出空头信号，暗示汇价短期将面临下行压力。目前快线还未脱离超买区域，警惕汇价在下跌前形成顶背离形态。
• 阻力区域：汇价目前震荡形成收敛三角形，汇价有概率继续上破形成日内高点。但是基于随机震荡指标的超买区域，需要警惕假突破的可能性。
  

1Hour chart analysis

(USD/JPY)1Hour chart, sourceUltima Markets MT4）

• Random oscillation index：指标在超买区域发出空头信号，暗示短期汇价或将迎来下跌调整。
• Moving average resistance：基于周一以来的下跌较为强势，当前的上涨暂时视为反弹，汇价在红色33和黑色65均线受阻。
• Resistance support：由于汇价近期处于无序波动，图上高点和低点的水平线是日元波动的范围区间。在没有有效突破该区间前，汇价仍处于震荡阶段。
  

Trading CentralHub Line Indicators

(USD/JPY)30Minute chart, sourceUltima Markets APP）

• according toUltima Markets APPInTradingCentralHub line indicators, central price range for the day150.30，
• 150.30Upward bullish, first goal150.60Second objective150.70
• 150.30Under bearish, first target150.15Second objective150.00
  

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.UltimaMarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.