empty
31.01.2025 05:01 AM
Forecast for USD/JPY on January 31, 2025

The yen is gradually moving towards the lower boundary of its green price channel, targeting a level of 147.22. The initial target range is between 151.30 and 151.92, which corresponds to the lows recorded on November 6 and July 25, 2024. Meanwhile, the Marlin oscillator has consolidated in the downward trend territory.

This image is no longer relevant

Today, Japan released strong economic data: industrial production in December rose by 0.3%, surpassing the forecast of -0.1%. Additionally, the unemployment rate decreased from 2.5% to 2.4%, and retail sales increased from 2.8% year-on-year to 3.7% year-on-year, exceeding the forecast of 3.4%.

This image is no longer relevant

On the four-hour chart, the price consolidated below the MACD line and the 154.56 level. We anticipate that the USD/JPY pair will continue to decline, indicating a further strengthening of the yen.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
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

Oil Forecast for February 25, 2025

Crude Oil (CL)Since the opening of the new futures contract, WTI crude oil has surged from the support level of 69.74, now threatening a breakout above 71.44. A double convergence

Laurie Bailey 06:10 2025-02-25 UTC+2

Technical Analysis of Intraday Price Movement of Natural Crude Oil Commodity Instrument, Tuesday February 25, 2025.

If we look at the 4-hour chart, the Crude Oil commodity instrument appears to be trying to rise to test the 71.75 level, but as long as the strengthening does

Arief Makmur 05:41 2025-02-25 UTC+2

Technical Analysis of Intraday Price Movement of Natural Gas Commodity Instrument, Tuesday February 25, 2025.

With the appearance of the Bearish 123 pattern followed by the Bearish Ross Hook and the movement of the Natural Gas commodity instrument price moving below

Arief Makmur 05:41 2025-02-25 UTC+2

EUR/USD Forecast for February 25, 2025

On Monday, the price failed to reach the 1.0534 target level but formed a weak divergence with the Marlin oscillator. Much of the decline in the currency market was linked

Laurie Bailey 04:10 2025-02-25 UTC+2

GBP/USD Forecast for February 25, 2025

The British pound fell short of reaching the target level of 1.2708, closing the day with a black candlestick and a long upper shadow. The signal line of the Marlin

Laurie Bailey 04:10 2025-02-25 UTC+2

EUR/USD – February 24th: German Election Results Support the Bulls

On Friday, the EUR/USD pair retraced to the 76.4% Fibonacci correction level at 1.0458, rebounded, and reversed in favor of the euro. On Monday, a strong rally began, driven

Samir Klishi 15:38 2025-02-24 UTC+2

Forex forecast 24/02/2025: EUR/USD, GBP/USD, USD/JPY, Gold and Bitcoin

Video Agenda: 00:00 INTRO 00:14 Today's key events: German Business Expectations, German Ifo Business Climate Index, CPI, CBI Industrial Trends Orders, MPC Member Ramsden Speaks 01:48 EUR/USD 04:20 GBP/USD 05:38

Sebastian Seliga 10:07 2025-02-24 UTC+2

GBP/USD – February 24th: More Good News for the British Pound

On the hourly chart, GBP/USD rebounded from the 1.2611 – 1.2620 support zone on Friday, reversing in favor of the pound and resuming growth toward 1.2709. To be precise

Samir Klishi 09:49 2025-02-24 UTC+2

Technical Analysis for the Week of February 24–28: GBP/USD

This week, the price may start moving downward from 1.2631 (the closing level of the last weekly candle), targeting 1.2540—the 23.6% retracement level (red dashed line). Upon testing this level

Stefan Doll 09:41 2025-02-24 UTC+2

Indicator Analysis: Daily Overview for EUR/USD on February 24, 2025

On Monday, the market may start an upward movement from the level of 1.0459, targeting 1.0532— the upper fractal (yellow dashed line). If this level is reached, further price growth

Stefan Doll 09:37 2025-02-24 UTC+2
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.