FX.co ★ Forecast for USD/JPY on February 9, 2022

The dollar's growth against the yen yesterday took place on a wave of qualitative enthusiasm - with the growth of the dollar index by 0.21%, the growth of the S&P 500 stock index by 0.84%, the growth in question was 0.42% on volumes above average. The price has not yet succeeded in consolidating above the MACD line of the daily scale and above the signal level of 115.53, but external circumstances are pushing the price precisely towards the implementation of the growing scenario, towards the target of 117.17 - to the price channel line of the monthly scale. The Marlin Oscillator in the positive area.

On the four-hour chart, the price continues to struggle with the level of 115.53, with the help of all the indicator lines and the Marlin Oscillator, which is in the growth zone.