The beginning of the downward trend and the formation of a new path, I expect the price to fall to a certain range
Hello dear traders . Good days . This is my our road map for JPYUSD which is plotted as per monthly Gann Square and Gann box. JPYUSD will try to test Gann Fan Trend line . With help of Gann Box road map is plotted . Good luck and Safe trade . Thanks for your support .
The Yen and thus, the Bank of Japan, is in a rather precarious position. (Then again, when was the last time they weren't - in a precarious position?? ... .) Admittedly, our Japanese is somewhat rusty lately but nowhere in the monetary manual did we find where it says: "Lending rates must be fixed at <0% or >10%, at all times!" So, when the BoJ hangs it's hat...
Hello There! Welcome to my new analysis about the DXY, U.S.-Dollar Currency Index on the 4-hour timeframe perspective. Within the recent times the DXY has shown up with these main bounces in the range to retest previous resistances. With this occasion I detected further important signs to consider especially as bonds recently trended upward and non-DXY economies...
The Japanese yen has taken a tumble after the Bank of Japan's decision to hold interest rates steady. Meanwhile, the perfect trading scenario has emerged with the US dollar/DXY. It's time to capitalize on this golden opportunity and make some profitable moves! So, fasten your seatbelts and get ready to ride the wave of success. The Bank of Japan's Impact: The...
Japan has no completely lost control of their bond yields. Japan has completely lost control the US Yield Curve Control. The FRED paused (as I expected they had no choice). The FRED realizing they need to initiate YCC / QE / Rate Cuts before end of 2023 or we're going to see an economic meltdown. Option 1, let yields raise > mortgages blow up > bank...
Japanese Currency Strength is back to 1987 levels Japan is the main source of YCC for the USA buying down bond Yields If USA raises rates any more Japan will be in free fall collapse (hyperinflation) They need to pause at worst start reducing rates. My guess? Money printer is coming back and will come back fast to save the Yen, this is not just a "Asian...
Dear Colleagues, I assume that the price is forming a corrective wave 2. It is quite possible that wave 2 will end on reaching the 50% Fibonacci level of 146.559. The first target is the Fibonacci extension area at 148.219.
Have you heard the exciting news? A golden opportunity has emerged in the world of trading, where gold enthusiasts can now reap double returns by exploring the potential of the Japanese yen against the US dollar. Brace yourselves, as we delve into this thrilling venture that promises to elevate your trading game to new heights! Unleashing the Power of...
The DXY has been in a position like this 3 times in history 1985 | 2001 | 2023 Every time the DXY has had a TSI 4W cross while the Stoch RSI was in the afterburn stage of rising with the Japanese Currency (JPY) either breaking major support or major resistance it has led to a complete rubber band reversal of the DXY. We now have the USDJPY hanging onto to...
Gold price in JPY is going parabolic Ni225 Japan's index going parabolic USDJPY looking like its going to follow. Japan possibly stuck due to the carry trade of US bonds in Japan? This is going to accelerate and turn bad if the BOJ does not raise rates immediately. The USD/JPY pair never been this high since 1998 tagging it previously in 1989.
looking bullish trend in weekly timeframe bec follow falling wedge
Aussie Dollar looking extremely weak adding it to the list. Japanese Yen extremely weak China Yuan Extremely weak. There's a problem brewing in Asia / Oceania if the FRED does not start lowering rates you're going currencies like the JPY / CNY / AUD potentially lose 30-70% of its value against the United States Dollar. Japan cannot raise rates due to the...
Japanese Yen running the risk of entering Hyperinflation like the Argentine Peso thanks to the USA. JPY Used to purchase US Debt while USA has Inflation problem has caused them to purchase more than expected including the FRED running (System Open Market Account (SOMA) (soft YCC) China cannot get growth due to US higher rates slowing business growth...
Hello Traders We believe that JPY will show us a large move in next few days. First yen(JPY) has a significant economical fundamental data in upcoming week. Second BOJ has mentioned their concerns about Yen value , and probably they will take an action in market. Third EUR/JPY, GBP/JPY and USD/JPY are showing similar technical patterns indicating another drop or...
USDJPY managed to form a Bearish Gartley Harmonic Pattern in the 🟡 Price Reversal Zone(PRZ) 🟡. A confirmation sign of point D of the Bearish Gartley Harmonic Pattern can be a Bearish Engulfing Candlestick Pattern . 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect USDJPY will FALL to the 🟢 support...
Hi Guys, I hope you are well As I mentioned in the previous analysis, after reaching a very strong support in the range of the green box, the market shot upwards. Now I expect to see the gray box range and then a quick move towards $2000. The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the short...
Hi Guys Hope you well. According to the previous analysis, the price was able to move up from the support zone. According to the chart, I expect such a move. The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the low time. SecondChanceCrypto ⏰25/JULY/23 ⛔️DYOR Always do your research . If you have any...