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Financial news, foreign exchange usd/jpy yen trend, mt4 MT5 trading direction

发布时间：2022-08-25 浏览：128

USD / JPY

The dollar / yen hit a 24-year high last week, breaking through the 2002 high and hitting 135.57 at the highest. At present, the exchange rate is testing this high, and the kinetic energy signal seems to have recovered.

The morphological requirements of the bullish triple average are that the price is higher than the short-term average (SMA), the short-term average is higher than the medium-term average, the medium-term average is higher than the long-term average, and all averages point upward.

For the US dollar / yen, any three of the 5-day, 10-day, 21-day, 55 day and 200 day moving averages meet the criteria of bullish triple averages.

The short-term support level can be seen towards the 5-day and 10 day moving averages, which are currently around 134.30 and 134.15 respectively. Falling below these two averages may suspend the short-term bullish momentum.

If the exchange rate continues to decline, further support may be in the inflection point range of 131.25-131.35, and the 21 day moving average is also in this range, which may provide support. The exchange rate held this support last week, when it fell to a low of 131.49 before rebounding.

The dollar / yen may be preparing for the next wave of rise, and the Boolean belt channel with the 21 day moving average as the central track widened, indicating that the exchange rate volatility increased.

Boolean bands measure historical volatility and show fluctuations in two standard deviations around the moving average.

Option markets price implied (future) volatility, representing the cost of hedging against adverse currency (or any asset) fluctuations. The option price is priced according to the implied volatility determined by market forces, which is expressed as a percentage.

In 2021, the one month volatility of the US dollar / yen benchmark was within the range of 5-8% for most of the time, but it has been rising since March, and rose to around 16% last week, a new high in two years.

This may indicate that the market is nervous about the future trend of the US dollar / yen and is willing to pay higher prices to hedge risks.