FX.co ★ Forecast for USD/JPY on December 27, 2021

On the daily scale chart, the price seems to have settled above the balance and MACD indicator lines, and now, with the support of the Marlin Oscillator growing in the positive area, it can rise to the target range of 115.80-116.15. A decline under the support of the MACD line (114.11) will open the target at 113.25 - the embedded price channel line of the higher (monthly) timeframe.

On the four-hour time scale, the price is in an ascending position above both indicator lines. The Marlin Oscillator is discharged and can now turn upward without reaching the zero line. The probability of price growth from Friday increases to 60%.