After a rapid rise, it is a rapid decline.

USD/JPY Today's Market Analysis

【Daily Chart】

【4-Hour Chart】

Daily Chart

Yesterday's high was heavy and the high was lowered to confirm a negative line. 

Today, we are focusing on whether the lower leg will dominate the return sale from "sideways to downward view".

The lower point of the daily chart is around 144.15 yen to 144.10 yen where the +1σ of Bollinger Bands is located, around 144.00 yen, around the baseline of 143.90 yen, around 143.60 yen to 143.55 yen where 10EMA is located, and around the middle line of 143.00 yen!

Even if it falls, if it is reluctant to fall, we want to attack considering the possibility of becoming a range.

4-Hour Chart

The Bollinger Bands are in a squeeze state and the previous candlestick has become a positive line, but it is a rebound from -1σ, and considering that 10EMA has dead crossed the middle line, if 10EMA and the middle line become resistance lines (around 144.40 yen), we are thinking from "sideways to downward view".

If it breaks into around 144.00 yen, it seems to become a sell mode, and if it breaks into around 143.30 yen where -2σ is located, around 143.10 yen to 143.00 yen, we are watching whether it will aim for development!

60-Minute Chart

The Bollinger Bands and moving averages are slightly downward, and the triangle hold has been slightly broken up, so if it is supported in the first half of 144 yen where the upper limit of the triangle hold is located, there is a possibility of rising, but the 4-hour chart, 60-minute chart Both have resistance lines around 144.30 yen to 144.40 yen, so we are not thinking from the upward view yet, slightly "sideways to downward view"

And we are prioritizing the 4-hour chart.

You may want to see the reaction of Tokyo players!

Tokyo Time Strategy Fundamentals Forecast

The US employment statistics reacted with dollar buying because the change in the number of non-agricultural sector employees greatly exceeded market expectations.

At around 146.00 yen, the upside is heavy and then it is pushed by the return sale.

It seems that short-term muscle profit confirmation sales are coming out at the top!?

From 24:00, the ISM non-manufacturing business sentiment index is below market expectations.

Early rate cut expectations are rising and the dollar is sold to the latter half of 143 yen.

After a rapid rise, it is a rapid decline.

In the future, we are also concerned about the timing of the Bank of Japan's negative interest rate cancellation.

After all, whether the US FRB's rate cut will be early is a focus material.

If the US economy worsens, it will be easy to shift to the rate cut direction.

The dollar is sold and the yen appreciates and it will continue to decline!.

In March, there is a possibility of a rate cut, dollar selling, and a possibility of falling is slightly higher!?

Today’s USD/JPY Forecast

In the daily chart, 4-hour chart, "sideways to downward view", the 60-minute chart may rise slightly, but we are thinking of aiming for a return sale with a downward view, prioritizing the 4-hour chart and daily chart.

There is a sell at 8 o'clock and it is also rebounding a little, but if it continues to fall and breaks 144 yen, it seems to be easy to do in terms of flow, but...

If the resistance line around 144.17 yen to 144.20 yen is drooping, around 144.10 yen, around 144.05 yen to 144.00 yen, around 143.90 yen, if it breaks into here, it seems that the sell will dominate, yesterday's low of 143.70 yen to 143.65 yen.

Around 143.50 yen where the daily chart's 10EMA is located, if the rebound is weak around here, we are watching whether it will be reluctant to fall, around 143.35 yen to 143.30 yen, around 143.20 yen, around 143.05 yen to 143.00 yen.

If it exceeds around 144.17 yen to 144.20 yen, around 144.30 yen, around 144.40 yen to 144.45 yen, if it exceeds here, it seems to try to return, around 144.60 yen to 144.65 yen, around 144.80 yen, around 144.90 yen.

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