TECH Buy 30.04.2024 08:47
USD/JPY: wave analysis
The price is in a correction and may grow.
On the daily chart, the third wave of the higher level (3) formed, a downward correction ended as the fourth wave (4), and the fifth wave (5) develops, within which the wave 3 of (5) started. Now, the third wave of the lower level iii of 3 has formed, and a local correction is developing as the fourth wave iv of 3. If the assumption is correct, the USD/JPY pair will grow to the area of 161.50–165.00. In this scenario, critical stop loss level is 153.33.
FUND Sell 29.04.2024 10:41
USD/JPY: downward dynamics develop against the Bank of Japan’s possible interventions
After reaching 160.00, the USD/JPY pair fell sharply to 155.50 against possible interventions of the Bank of Japan.
FUND Buy 25.04.2024 09:23
USD/JPY: investors do not expect the Bank of Japan to tighten monetary policy at its meeting on April 26
The USD/JPY pair is developing an upward trend in the short and medium term, updating record highs.
FUND Buy 23.04.2024 10:49
USD/JPY: the Japanese April manufacturing and service PMI were positive
The USD/JPY pair is correcting within a sideways trend around 154.72 amid a slowdown in the growth of the American currency.
Indicators
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy