JUST is a decentralized finance ecosystem built for the TRON blockchain. It is a decentralized stablecoin lending platform known as JustStable in which users can deposit supported collateral tokens and then mint and withdraw USDJ.
Anyway, JST behavior is straightforward: an upward phase followed by a correction phase, which ended at 0.618 Fib retracement. After...
USD/JPY: Earthquake Fallout and Technical Signals Shape Trading Dynamics
The Japanese Yen (JPY) faces early selling pressure on the first trading day of 2024, weighed down by the aftermath of a devastating earthquake in central Japan. This unfortunate event, coupled with a recovering US Dollar (USD) and rising US Treasury bond yields, contributes to the USD/JPY...
As anticipated in the second quarter fundamental view, the Japanese Yen spent the bulk of the second quarter losing versus its main counterparts. Nonetheless, the rate of depreciation has reduced considerably as compared to the first quarter. Due to the continuous decrease in stock market volatility, it is doubtful that the anti-risk currency would attract much...
Buy above 112.55. Stop loss at 112.00. Take profit at 114.00.
Reason for the trading strategy (technically):
Price bounced nicely and reached our profit target before retracing strongly. We remain bullish above major support at 112.55 (Fibonacci projection, multiple horizontal swing low supports) and we expect to see price make a bounce above this level towards...
![USDJPY: USD/JPY [1DC] Long it as charted! [Gartley + Shark]](https://s3.tradingview.com/h/HdLwdnZL_mid.png "USD/JPY [1DC] Long it as charted! [Gartley + Shark]")
