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BTCUSDT Long: Bounce from Demand Open Path to the 64K Supply Hello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. BTCUSDT previously traded inside a descending channel and reached a major pivot point near the lower boundary. After breaking above the channel resistance, price formed a new consolidation structure between the supply and demand lines. Currently, BTCUSDT is trading below the 64,000 supply zone while holding above the 61,900 demand zone. Following a brief breakout test near the lower ascending channel line, price found support near the demand zone and is attempting a short-term recovery. As long as BTCUSDT remains above the 61,900 demand zone and continues to respect the bullish market structure, the bullish scenario remains valid. A bounce from current levels could push price back toward the 64,000 supply zone (TP1). Manage your risk!
BINANCE:BTCUSDTLong
by heniitrading
24
EURUSD Confirms Bearish Market Structure Below 1.1570 ResistanceHello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded above an ascending support line after breaking out from a long-term resistance trendline. Following a strong bullish advance, price reached a major turning point and reversed lower, eventually breaking below the rising structure and shifting momentum back to the downside. Currently, EURUSD is trading below the 1.1570 Seller Zone while holding above the 1.1460 Buyer Zone. Price recently broke down from a prolonged consolidation range and confirmed a bearish breakout below both the range support and the descending trendline. As long as EURUSD remains below the 1.1570 resistance level and continues to respect the Seller Zone, the bearish scenario remains valid. A short-term pullback toward resistance is possible, but if sellers maintain control, price could continue lower toward the 1.1460 Buyer Zone (TP1). Please share this idea with your friends and click “Boost” 🚀
Short
by LegionQ8
18
XAUUSD: Sellers Maintain Control and Opens Path Toward 4,000$Hello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD has been trading inside a well-defined descending channel after breaking down from a broad consolidation range near the recent highs. Multiple bearish breakouts below key support levels confirmed strong selling pressure, while every recovery attempt was rejected by the channel resistance, keeping the overall trend firmly bearish. Currently, XAUUSD is trading below the 4,120 Resistance Zone while holding above the 4,000 Support Zone. Price recently broke beneath the lower boundary of the descending channel and successfully retested the broken structure from below, confirming a bearish continuation. The latest rebound into resistance was rejected again, signaling that sellers remain in control. My Scenario & Strategy My scenario: as long as XAUUSD remains below the 4,120 Resistance Zone and continues to respect the former channel support as new resistance, the bearish scenario remains valid. A continuation lower could push price toward the 4,000 Support Zone (TP1) for a retest. However, if XAUUSD breaks back above the 4,120 Resistance Zone and reclaims the broken channel structure, the bearish outlook would weaken and a stronger recovery could develop. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDShort
by Ratner
28
XAUUSD Short: Bears Defend Resistance – 4,120 Remains in FocusHello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. XAUUSD previously traded inside an ascending channel before breaking below support at a major pivot point, signaling a shift in momentum. After a brief consolidation, sellers regained control and extended the decline. Currently, XAUUSD is trading below the 4,280 Supply Zone while approaching the 4,120 Demand Zone. The recent breakdown below the descending trendline confirms that bearish pressure remains dominant, while the latest rebound looks corrective. As long as XAUUSD stays below the 4,280 Supply Zone, the bearish scenario remains valid. A rejection from current levels could drive price toward the 4,120 Demand Zone (TP1). Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
11
Bitcoin Sellers Still Control the Trend Below $64KHello traders! Here’s my technical outlook based on the current BTCUSDT (3H) chart structure. BTCUSDT previously traded inside a descending channel, where sellers controlled the trend. After consolidating inside a range, price broke below support, confirming bearish momentum and extending the decline. Currently, BTCUSDT is trading inside a rising channel between the 61,500 Buyer Zone and the 64,000 Seller Zone. Price has rebounded from support and is now testing the upper channel boundary near a key resistance area. As long as BTCUSDT remains below the 64,000 Seller Zone and respects the channel resistance, the bearish scenario remains valid. A rejection from current levels could push price back toward the 61,500 Buyer Zone (TP1). A breakout above 64,000 would weaken this bearish outlook. Please share this idea with your friends and click “Boost” 🚀
BINANCE:BTCUSDTShort
by LegionQ8
8
EURUSD Short: Bearish Structure Eyes 1.15200 Demand ZoneHello traders! Here’s my technical outlook based on the current EURUSD (2H) chart structure. EURUSD previously traded inside a descending channel and reached a major pivot point near the lower boundary. After breaking above the channel resistance, price formed a new consolidation structure between the supply and demand lines. Currently, EURUSD is trading below the 1.15800 supply zone while holding above the 1.15200 demand zone. Following a strong bearish breakout below the demand line, price found support near the demand zone and is attempting a short-term recovery. As long as EURUSD remains below the 1.15800 supply zone and continues to respect the bearish market structure, the bearish scenario remains valid. A rejection from current levels could push price back toward the 1.15200 demand zone (TP1). Manage your risk!
Short
by heniitrading
19
BTCUSDT: Support Holds — Retest of $64,400 Resistance BecomesHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT has been trading under a well-defined descending trendline after breaking down from a broad consolidation range near the recent highs. Several bearish breakouts below key structures confirmed strong selling pressure, while every recovery attempt was capped by the prevailing downtrend. Currently, BTCUSDT is trading between the 64,400 Resistance Zone and the 59,800 Support Zone. After finding support at the lower boundary, price formed a local recovery and is attempting to build higher lows along an ascending triangle support line, signaling improving short-term momentum. My Scenario & Strategy My scenario: as long as BTCUSDT remains above the 59,800 Support Zone and continues to respect the ascending triangle support line, the bullish recovery scenario remains valid. A continuation higher could push price toward the 64,400 Resistance Zone (TP1) for a retest. However, if BTCUSDT breaks below the 59,800 Support Zone, the recovery outlook would weaken and a new bearish leg could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
BINANCE:BTCUSDTLong
by Ratner
17
XAUUSD — Is This Bounce Walking Into a Seller Trap?Gold bounced from the lower area, but now it is moving under a falling trendline where sellers may be waiting again. THE SIMPLE READ Gold is still inside a downtrend channel. The recent bounce looks strong at first glance, but price is not free yet. It is now sitting below the same falling structure that has been pushing gold lower. This is where beginners often make a mistake. They see price moving up and think the trend has changed. But sometimes, a bounce is only the market walking back into a better resistance zone. WHAT I SEE The first area I’m watching is 4,257. This zone matters because it is close to the falling trendline and the previous reaction area. If gold comes back here and starts slowing down, it may show that sellers are still defending the downtrend. The next higher resistance is 4,332. This is a deeper Order Sell zone. If price reaches this area, it does not automatically mean gold is bullish. It may simply mean price is testing a stronger place where sellers may look for control again. Below the market, 4,095 is the first support to watch. This zone matters because buyers may try to defend it after the recent bounce. If gold holds above this area, the market can still create another short-term recovery. But if 4,095 breaks, the next important liquidity area is around 4,022. That level is important because it sits near the previous low area. If buyers fail there too, gold may look for the next deeper reaction zone near 3,886. THE PLAN 📈 IF gold holds above 4,095 and prints a clear bullish reaction: → Buyers may try to push price back toward 4,257 → If 4,257 breaks and holds, price could extend toward 4,332 → Possible entry idea: 4,095 - 4,110 → Invalidation: below 4,070 → Target 1: 4,257 → Target 2: 4,332 📉 IF gold rejects from 4,257 or breaks below 4,095: → Sellers may retake control inside the downtrend channel → Price could move back toward 4,022 first → If 4,022 fails, the next reaction zone can open near 3,886 → Possible entry idea: after bearish rejection around 4,257, or after a clean break below 4,095 → Invalidation: above the rejection zone → Target 1: 4,022 → Target 2: 3,886 ⏳ No confirmation = no trade. 💡 Tiara’s Tip: A bounce is not the same as a reversal. A real reversal usually needs price to break resistance, hold above it, and make sellers fail on the next pullback. If price only bounces into a falling trendline and gets rejected again, it may still be part of the same downtrend. That is why we do not chase green candles. We wait to see what price does at the next important zone. YOUR TURN 💬 What’s your read today — is gold preparing for another rejection, or can buyers defend 4,095 for a stronger recovery? Drop a 🔴 for sell continuation or 🟢 for bullish bounce below 👇
OANDA:XAUUSDShort
by Tiara_PrimeGold
6
EURUSD: Fresh Breakout Sets Up a Bullish Scenario, Aim 1.1630Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded inside an upward channel, where buyers maintained control despite several pullbacks. After a fake breakout near the channel top, price lost momentum and eventually broke below the lower boundary of the channel, signaling a shift in market structure. Currently, EURUSD is trading above the 1.1560 Support Zone while remaining below the 1.1600 and 1.1630 Resistance Zones. After consolidating inside a range, price broke higher and is now retesting the former breakout area, suggesting that buyers are attempting to build fresh momentum. My Scenario & Strategy My scenario: as long as EURUSD remains above the 1.1560 Support Zone and holds the recent breakout, the bullish scenario remains valid. A continuation higher could push price toward the 1.1630 Resistance Zone (TP1) for a retest. However, if EURUSD falls back below the 1.1560 Support Zone and loses the breakout structure, the bullish outlook would weaken and a deeper decline could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
1
Gold (XAUUSD) M30: Wave (4) Corrective Pullback into Key Demand 1. Macro Drivers & Market Context The text box explicitly outlines the driving forces behind this setup: Macro Drivers: Pre Michigan Consumer Sentiment Positioning. The market is establishing structural levels in anticipation of high-impact U.S. economic data (the University of Michigan Consumer Sentiment index). Technical Structure: Trend Reversal / Bullish Impulse phase. The sharp drop has ended with a solid accumulation base (Range), shifting the intraday market regime to a bullish expansion. Current Stage: Wave (4) corrective Pullback. Based on Elliot Wave / institutional delivery context, the market has finished its initial impulsive surge (Wave 3) and is entering a temporary corrective phase. 2. Key Structural Levels The Bottom Range: On June 11th, a clear consolidation range formed between 4,050 and 4,100 to engineer liquidity, followed by an aggressive bullish breakout. Major Structure High & Liquidity: The recent impulse peaked exactly at 4,226.950, leaving behind a prominent pool of buy-side liquidity. 1HR OB & Key Demand Layer: Below the current price sit two institutional zones of defense—the overhead 1HR OB (Order Block) and a deeper Key demand layer resting at 4,160.880. 3. Current State & Forecast Path Current State: The live price is at 4,214.44 (with 18 minutes and 17 seconds left on the 30-minute candle). It is currently hovering just underneath the recent swing high. The Reversal Script (Black Path): The directional black arrow maps out a multi-step delivery sequence: Price is expected to make a short-term intraday push back up to retest or slightly mitigate the 1HR OB block near the highs. Once that minor mitigation is complete, a sharp, corrective markdown phase is projected to drop straight through the immediate supports to tap the Key demand layer around 4,160.880.
FOREXCOM:XAUUSDShort
by Prime_X_Trader
1
Gold Bullish Reversal Setup LoadingThe chart highlights a possible reversal structure after a sharp sell-off into liquidity. The strong reaction from the discount zone indicates demand presence. Bulls need sustained buying pressure to push price toward 4,644 and eventually 4,889. Market makers often seek liquidity before major moves. Gold appears to have completed a liquidity sweep, and the next focus is whether buyers can maintain control and drive price into premium targets. Not Financial Advice.
OANDA:XAUUSDLong
by XAU_Mastermiind
1
XAUUSD Market Structure Analysis| Sweep+MSS+BOS Educational viewThis chart presents an educational market structure analysis on Gold (XAUUSD) using a combination of liquidity sweep, market structure shift (MSS), break of structure (BOS), internal dealing range (IDM), and order block concepts. The idea shown here is designed to explain how price may react around key zones based on historical structure and institutional trading behavior. This analysis is shared strictly for educational and learning purposes and should not be interpreted as financial advice. From the chart perspective, price initially appears to create a liquidity sweep, where previous highs or lows are briefly taken before the market changes direction. In many market conditions, this type of movement can represent a temporary liquidity grab as price moves beyond an obvious level and then reverses. Traders who study price action often observe these areas to better understand how momentum may shift after liquidity is collected. Following the sweep, the chart highlights a Market Structure Shift (MSS), which may indicate a potential transition in short-term market direction. A structure shift generally occurs when price stops respecting the previous trend and begins creating movement in the opposite direction. This is often monitored as a possible sign that momentum could be weakening or changing. After the MSS, the analysis identifies a Break of Structure (BOS). In technical analysis, a BOS is commonly used to observe whether the market is continuing in a newly formed direction. When structure breaks in alignment with momentum, traders sometimes use it as additional confirmation rather than relying on a single signal alone. The highlighted Order Block zone in this chart represents an area where price previously showed strong reaction or imbalance. Some traders view these zones as areas of interest where price may revisit before continuing a move. However, no zone guarantees a reaction, and price behavior can remain unpredictable depending on market conditions, volatility, and external economic events. The chart also references an accumulation/consolidation phase, where price temporarily moves sideways before a stronger directional move develops. Consolidation areas may reflect uncertainty, reduced momentum, or preparation for expansion in volatility. Observing how price reacts near these zones can help improve understanding of market behavior. An important educational takeaway from this setup is the importance of confirmation and patience. Rather than reacting emotionally to every move, traders often wait for structure confirmation, candle closes, or additional confluence before forming a market bias. Risk management remains one of the most important aspects of trading, regardless of how strong a setup may appear. Key educational concepts shown in this chart include: • Liquidity Sweep – observing areas where previous highs/lows are taken. • MSS (Market Structure Shift) – identifying a possible change in momentum. • BOS (Break of Structure) – monitoring continuation or confirmation of movement. • Order Block – recognizing areas of historical institutional interest. • Accumulation – understanding periods of consolidation before expansion. This chart should be viewed as a technical learning example of market structure and price action concepts. Markets are dynamic, and outcomes are never guaranteed. Every trader should conduct independent analysis, use proper risk management, and consider multiple confirmations before making any trading decision. Educational Purpose Only — This analysis reflects a technical interpretation of price action and market structure and is not financial or investment advice.
TVC:GOLDEducation
by Sandra_Angel
9
XAUUSD Bears Stay in Control: Is 4,080$ the Next Target?Hello traders! Here’s my technical outlook based on the current XAUUSD (1H) chart structure. XAUUSD was previously trading inside a broad descending channel after reversing from a major high. During the decline, price formed several consolidation phases, but each recovery attempt failed near the channel resistance, confirming persistent bearish pressure. Currently, XAUUSD is trading below the 4,200 Seller Zone while holding above the 4,080 Buyer Zone. Price recently broke beneath the channel support and the 4,200 resistance area, extending the downside move and keeping sellers in control. As long as XAUUSD remains below the 4,200 resistance level, the bearish outlook stays valid. A short-term pullback toward the 4,200 Seller Zone is possible, but if resistance holds, price could continue lower toward the 4,080 Buyer Zone (TP1). Please share this idea with your friends and click “Boost” 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
25
Gold Building Momentum for a Run Toward 4520Gold continues to trade above a key demand zone after a strong bullish reaction from the overlapping FVG. Recent price action suggests buyers remain in control, with the market forming higher lows while building momentum beneath resistance. A short-term pullback into support cannot be ruled out, but as long as the bullish structure remains intact, the path toward higher liquidity targets stays valid. The next major objectives for bulls are 4360, 4460, and ultimately the 4520 target zone. Patience and discipline remain key as the market prepares for its next significant move. ⚠️ Not Financial Advice
OANDA:XAUUSDLong
by Xau_Insightss
Bitcoin Building Momentum for a Run Toward 67KBitcoin continues to trade within a bullish structure after reclaiming key support levels and respecting the last POI demand zone. Price is currently consolidating below a major liquidity area near 64.3K, where sellers have shown some resistance. A short-term retracement into support remains possible, but as long as the last POI holds, the overall outlook remains bullish. A successful sweep and breakout above current highs could unlock higher liquidity targets, with 66K–67K standing as the next major objective. Patience is key. Let the market complete its retracement and provide confirmation before the next expansion phase begins. ⚠️ Not Financial Advice
BITSTAMP:BTCUSDLong
by Xau_Insightss
Liquidity Collected, Silver Ready to Expand HigherSilver has successfully swept liquidity and reacted strongly from a key confluence zone, including the POI, IRL, and overlapping FVG. The recent price action suggests that accumulation may be complete, with buyers gradually taking control of the market. A short-term retracement into support remains possible, but as long as the demand zone holds, the bullish structure remains intact. The current setup points toward higher liquidity targets, with 69.00, 72.50, and 77.00 standing as the next major objectives. The market rewards patience. Waiting for confirmation and letting the setup mature can often provide the highest-probability opportunities. ⚠️ Not Financial Advice
OANDA:XAGUSDLong
by Xau_Insightss
Gold Analysis: Bulls Target Higher Liquidity ZonesGold continues to hold above the bullish breaker block (BB) after a strong reaction from internal range liquidity (IRL). The market structure remains constructive, with buyers defending key support and gradually pushing price higher. A sustained move above current levels could open the door toward the next liquidity targets around 4280, 4360, 4480, and potentially 4520. As long as the breaker block remains protected, the bullish outlook stays intact. Patience is key—let price confirm the breakout before chasing the move. ⚠️ Not Financial Advice
OANDA:XAUUSDLong
by Lunadigital
1
BTCUSDT: Signals Potential Upside From Demand Zone To 64KHello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously traded inside a broad consolidation range before breaking below support and starting a strong bearish trend. After the breakdown, price continued to decline beneath a descending trendline, while multiple bearish breakouts confirmed that sellers remained firmly in control. Currently, BTCUSDT is trading above the 60,500 Buyer Zone while remaining below the 64,000 Seller Zone. Price recently rebounded from support and attempted to recover, but the descending trendline and resistance zone continue to cap bullish momentum. As long as BTCUSDT holds above the 60,500 Buyer Zone and respects the ascending support line, a short-term recovery scenario remains valid. A bounce from current levels could push price toward the 64,000 Seller Zone (TP1). Please share this idea with your friends and click “Boost” 🚀
BINANCE:BTCUSDTLong
by LegionQ8
25
Bitcoin Eyes Major Liquidity Targets Above $64KBTC continues to respect the 61K demand zone and FVG support, maintaining a bullish market structure with higher highs and higher lows. Buyers remain in control as long as price holds above key support levels. A breakout above $64.2K could open the path toward the next liquidity targets around $66K–$67K, where significant liquidity is resting. The current price action suggests accumulation followed by a potential expansion phase. ⚠️ Not Financial Advice
OANDA:BTCUSDLong
by Lunadigital
1
XAUUSD Short: Bounce Under Pressure - Is 4,250$ Next Target?Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. XAUUSD previously traded inside an ascending channel and reached a major pivot point near the upper boundary. After losing bullish momentum, price broke below channel support and entered a descending channel. Currently, XAUUSD is trading below the 4,410 supply zone while holding above the 4,250 demand zone. Following a strong bearish breakout from the descending channel, price found support near demand and is attempting a short-term recovery. As long as XAUUSD remains below the 4,410 supply zone and continues to respect the bearish market structure, the bearish scenario remains valid. A rejection from current levels could push price back toward the 4,250 demand zone (TP1). Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
32
EURUSD: Rejection at Key Resistance Zone, Eyes 1.15100 SupportHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded inside a narrowing wedge structure after reversing from local highs. Following a sharp bearish breakout below the wedge support line, price accelerated lower and broke through major horizontal zones, confirming strong seller dominance. Currently, EURUSD is trading between the 1.15800 resistance zone and the 1.15100 support zone. After printing a brief breakout below the support area, price formed a local recovery structure back up to retest the overhead resistance, where it is now facing a bearish rejection. My Scenario & Strategy As long as EURUSD remains below the 1.15800 resistance zone and continues to reject this horizontal ceiling, the bearish short scenario remains valid. A continuation lower should push price back toward the 1.15100 support zone (TP1). However, if EURUSD breaks above the 1.15800 resistance zone, the bearish outlook would weaken and a stronger upward correction could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Short
by Ratner
2
Bitcoin Analysis 12th June 2026 - Free BTCUSD SignalBitcoin (BTC/USDT) 15-Minute Technical Analysis – June 12, 2026 In today’s detailed BTC/USDT analysis, we are observing a significant short-term bullish structure followed by potential resistance at the key supply zone around $63,800-$64,000. The 15-minute chart demonstrates a clear breakout from a consolidation triangle pattern, which indicates strong upward momentum after a period of accumulation. This breakout was accompanied by a sharp bullish candle, confirming strong buying interest from short-term traders and institutions alike. Key Observations: 1. Triangle Consolidation Breakout: BTC formed a symmetrical triangle after a preceding bullish move. The breakout above the triangle signals continuation of the short-term uptrend. Traders often see triangle breakouts as high-probability entries for momentum trades. 2. Bullish Momentum & Volume: The rapid spike in price demonstrates aggressive buying pressure. This is supported by a series of consecutive bullish candles with minimal pullbacks. Watching the volume on breakout is critical to confirm the sustainability of this move. 3. Immediate Resistance (Supply Zone): The highlighted grey area around $63,800-$64,000 represents a strong supply zone. This is where sellers are likely to step in, and price may face rejection or consolidation. Traders should watch for potential reversal candlestick patterns or bearish signals near this zone. 4. Potential Price Path: As illustrated by the projection on the chart, BTC might test the upper resistance first, with a minor pullback or rejection expected afterward. This aligns with typical supply-demand dynamics where price tests liquidity zones before resuming trend. 5. Support Levels: The previous triangle base and breakout area around $63,200-$63,300 could act as short-term support in case of retracement. Monitoring these levels is crucial for managing risk and setting stop-losses. Trading Insights & Strategy: - Short-Term Traders: Consider entering long positions near breakout retests of $63,200-$63,300 with tight stops below the triangle base. Watch for price reaction at $63,800-$64,000 for potential partial profit-taking or short setups if reversal signs appear. - Swing Traders: Waiting for confirmation of trend continuation above the supply zone might reduce risk of false breakouts. A successful retest and breakout above $64,000 can provide a clear bullish swing opportunity. - Risk Management: Ensure stop-loss placement accounts for volatility, especially given BTC’s tendency for rapid spikes and pullbacks. Consider scaling positions to manage exposure near critical resistance levels. Market Context: BTC is showing strong bullish behavior on the 15-minute timeframe, confirming momentum from previous accumulation phases. Short-term traders are likely to see volatility near resistance zones, while medium-term traders may look for trend continuation confirmations. Always combine technical signals with market sentiment and global crypto news for a holistic trading approach. Keywords: BTC USDT, Bitcoin price analysis, crypto trading, triangle breakout, short-term bullish, BTC resistance, supply zone, technical analysis, intraday trading, swing trading, crypto momentum, TradingView BTC analysis, Bitcoin chart patterns, BTC support and resistance, crypto market insights, Bitcoin trading strategy.
BINANCE:BTCUSDTShort
by Qazi_Asad
1
Fundamental Market Analysis for June 12, 2026 USDJPYThe yen remains in focus as USD/JPY stays close to an area that is sensitive for Japanese authorities, around 160 per dollar. The US dollar continues to receive support from the interest rate differential. However, a further rise in the pair could increase the risk of official warnings. For the market, this means that even with continued demand for the US dollar, buying the pair at these levels becomes less stable. The fundamental environment in Japan is gradually changing. The market expects that the Bank of Japan may raise rates at its upcoming meeting in response to inflation risks, rising import costs, and yen weakness. This scenario does not remove the yield gap between the United States and Japan, but it makes this factor less one-sided. The longer USD/JPY stays elevated, the more visible the risk of a policy response becomes. US data also does not give the dollar a clear advantage. The core part of producer inflation came in softer than expected, and the market shifted its expectations for the next Federal Reserve move to a later date. Against this backdrop, the combination of Bank of Japan expectations and the risk of action by Japanese authorities may limit further gains in USD/JPY. Under the base-case scenario, a move lower in the pair looks more cautious. Trading idea: SELL 160.250, SL 160.550, TP 159.350
Short
by Fresh-Forexcast2004