The AUD/USD maintains slight gains above 0.6500 after the release of Chinese inflation data, which were mixed. In January, China's Consumer Price Index (CPI) fell by 0.8%, compared to the expected -0.5%. The US dollar recorded further losses after reaching a new annual high above 104.00 in the US Dollar Index (DXY) earlier in the week, amidst investor realignment...
We're aiming for the price to reach the Optimal Trade Entry (OTE) Area, which also coincides with an (OB) and liquidity resting on the 4-hour chart. This convergence could potentially trigger buy signals.
USD/JPY: Bearish- BAT detected- Ichimoku in confirmation
The BAT detect on the USD JPY pair was executed perfectly
Point “D” e is currently a potential short zone on its PRZ
We could return to the exponential moving average 50 around 147
The "Ichimoku" and "Tenkan" lines give us a similar level around 146-147
Don't forget that the BoJ intervenes around...
FX:EURJPY is realizing the potential of rebound from support and forms a retest of resistance. At the moment consolidation is forming above the level, which increases chances for further growth.
Globally, the currency pair continues to form a strong bullish trend, having left the previously formed ascending channel, which is currently a strong support area....
The Japanese Yen has seen a resurgence in strength for the second consecutive day, distancing itself from a recent three-month low against the US Dollar (USD). This uptick in the JPY comes as Japan's top officials hinted at potential intervention measures to prevent further depreciation of the domestic currency. Additionally, escalating geopolitical tensions in...
In time H4 and H8, it is moving in an ascending channel. After the failure of the dynamic trigger, it reached the supply area. Two movement scenarios can be considered for it. In case of a pullback to the trigger line and the bottom of the channel and the failure of the supply zone, it will rise to the next zone. And the second scenario is that after the failure...
GBPAUD shows a bullish structure in H4 with the price returning to test the supply zone. Here, the price could reverse towards 1.9280, where we find strong liquidity corresponding to a daily low on M15 and a swing low on H4.
Personally, I am waiting for a structural change on M15 to enter the market. I will keep you updated on the situation. Greetings from Nicola...
✅USD_JPY is now retesting
A strong horizontal resistance
Of 149.641 and the pair is
Locally oversold so I think
That we will see a
Local bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
📊Yen Gelpen is in an uptrend and can continue to rise as long as it maintains the uptrend line. The important static support is the number 143,000 and in this ascending wave it can reach the range of 160 to 165
The Japanese Yen encountered renewed selling interest around the 149.000 level, leading to a decline on Tuesday. Despite data from Japan's labour ministry revealing a continued decline in real wages and household spending, the Bank of Japan (BoJ) faces challenges amid a generally positive sentiment in equity markets, weakening the safe-haven appeal of the...
Hello,Traders!
USD-JPY went up sharply
But it will hit a horizontal
Resistance of 149.630
From where I think
We will see a local move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
🇺🇸🇯🇵
📊Analysis of the Japanese yen In the medium term, the market is on an upward path and can reach the range of 149.500 and complete 5 ascending waves. Currently and in the short term, the market is in a downward correction as wave 4 and it can return to the upward trend by maintaining the range of 147.700 and 147.500 as support again.
My dear friends,
My technical analysis for USDJPY is below:
The market is trading on 146.65 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 148.64
Recommended Stop Loss - 145.57
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations,...
Hello,Traders!
USD-JPY went up sharply
And the pair has reached
A horizontal resistance level
Of 148.800 from where
I think we will see
A local bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Preferred direction: BUY
Comment: After the Fed meeting, as we expected, the US currency strengthened based on the results of the press conference and comments from the regulator. However, the growth of the dollar is already approaching its end and most likely now we need to take a closer look at medium-term purchases. We are now considering two main long...
XAGUSD presents a bullish structure on the daily chart, where the price has bounced off the 0.705 Fibonacci level after entering the demand zone. I now expect the price to experience further growth towards the liquidity zone at the 24.20 level, as the previous liquidity area has already been filled. It is highly likely that the Federal Reserve will keep interest...
Preferred direction: SELL
Comment: Our deal on the pound has been going on for a long time. However, this does not in any way affect the sales we expect. Most likely, this expected fall is being delayed due to insufficient accumulation of the buyer, which is the main resource for the fall. The main target of the fall is located at the level of 1.25000 . But...
Preferred direction: SELL
Comment: The currency pair continues to be under selling pressure. A number of important publications and reports are expected this week, and most likely the euro will fall to around 1.07500 by mid-week. Therefore, the previous plan is in force and we expect its further development. Already in the area of the indicated target,...
