USD/JPY Daily Timeframe
-Depending on fundamentals and further technical analysis on the market open.
- We shall be looking for sell opportunities and the reason for that is that the markets has reached the previous premium level (weak high) and formed a 1D shooting star (candle stick)
-I advise we wait for the price to close below the previous daily low so...
US30
-The price pushed up due to the result of CORE PCE releasing positive momentum for US30.
- So according to the current state of the market , I expect US30 to touch 38790 to correct the positive momentum and then touch 39180 which will have a strong resistance level.
-The condition will most likely stabilize above 38790 to continue the bullish trend.
- Any...
Gold rallies finishing with weekly gains ,ahead of US NFP data
- Gold price increased to $2,088, marking a new significant increase in response to US economic reports and bond yield dynamics.
- Mixed manufacturing (PMI) reports fuel Gold's ascents with ISM data indicating contraction in US manufacturing sector
- Declining US Treasury yields bolster Gold's...