Hello everyone, I continue to send you 3 currency pairs with similar trends, hoping it will help you trade a little.
⚡️USDJPY⚡️
⚡️USD/JPY advances to fresh multi-month highs near 147.85
US Michigan’s Consumer Sentiment came in lower than expected.
The US DXY index reached its highest point since March 9 at 105.43 and then settled at 105.23.
All eyes are now on the Fed’s decision next week.
⚡️AUDJPY⚡️
⚡️AUD/JPY trades in positive territory for the sixth straight day on Friday.
Relative Strength Index (RSI) holds above 50 in the bullish territory.
The immediate resistance level emerges at 95.78; the initial support level is located at 94.23.The AUD/JPY cross extends its upside for the sixth consecutive day during the Asian session on Friday. The cross trades around 95.31, gaining 0.36% on the day. The stronger-than-expected Chinese data boost antipodean currencies against its rivals.
⚡️GBPJPY⚡️
⚡️The GBP/JPY pair slipped and lost more ground .The British pound is struggling to hold gains against the yen. 2023 is a solid year for guppies but difficulties remain.
⚡️ The GBP/JPY pair hit its 2023 low in early January when the pair traded in the 156.00 area. Since then, GBP has done a very good job of taking advantage of JPY's weakness, with the Guppy still up around 17.50% on the year.
⚡️USDJPY⚡️
⚡️USD/JPY advances to fresh multi-month highs near 147.85
US Michigan’s Consumer Sentiment came in lower than expected.
The US DXY index reached its highest point since March 9 at 105.43 and then settled at 105.23.
All eyes are now on the Fed’s decision next week.
⚡️AUDJPY⚡️
⚡️AUD/JPY trades in positive territory for the sixth straight day on Friday.
Relative Strength Index (RSI) holds above 50 in the bullish territory.
The immediate resistance level emerges at 95.78; the initial support level is located at 94.23.The AUD/JPY cross extends its upside for the sixth consecutive day during the Asian session on Friday. The cross trades around 95.31, gaining 0.36% on the day. The stronger-than-expected Chinese data boost antipodean currencies against its rivals.
⚡️GBPJPY⚡️
⚡️The GBP/JPY pair slipped and lost more ground .The British pound is struggling to hold gains against the yen. 2023 is a solid year for guppies but difficulties remain.
⚡️ The GBP/JPY pair hit its 2023 low in early January when the pair traded in the 156.00 area. Since then, GBP has done a very good job of taking advantage of JPY's weakness, with the Guppy still up around 17.50% on the year.
Comment:
Trade active
Trade active
Comment:
⚡️ USD/JPY oscillates around the 147.68-147.88 region in a narrow trading band.
The Federal Reserve (Fed) is likely to hold rates steady on its September meeting.
The Federal Reserve (Fed) is likely to hold rates steady on its September meeting.
Comment:
⚡️ GBP/JPY gains some positive traction on Monday, though the upside remains limited. A combination of factors undermines the safe-haven JPY and lends support to the cross.
Trade active
Comment:
⚡️The plan is still active
Comment:
⚡️Traders cautious ahead of FOMC meeting
Trade active
Comment:
⚡️The plan is still active
Comment:
⚡️The Fed is widely expected to keep interest rates on hold at the conclusion of a two-day meeting later on Wednesday.
Comment:
⚡️USD/JPY scales higher for the second straight day and climbs to a fresh high since November 2022.
⚡️Intervention fears might hold back bulls from placing fresh bets ahead of the crucial FOMC decision.
⚡️Intervention fears might hold back bulls from placing fresh bets ahead of the crucial FOMC decision.
Trade active
Comment:
⚡️AUD/JPY loses traction near 95.35 following the People's Bank of China (PBoC) rate decision. The cross holds above the 50- and 100-hour EMAs; Relative Strength Index (RSI) holds above 50 in the bullish territory.
Comment:
⚡️AUD/JPY loses traction near 95.35 following the People's Bank of China (PBoC) rate decision.
Trade closed: target reached
