FUND Sell 24.04.2024 11:32
USD/JPY: the price is approaching the next resistance level of 155.50
The USD/JPY pair is trading at 154.90, poised to extend gains and test the June 1990 high of 155.50 ahead of inflation data and the Bank of Japan meeting on Friday.
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.
FUND Buy 22.04.2024 09:30
USD/JPY: analysts predict a decline in Japanese business activity in April
The USD/JPY pair shows mixed dynamics, holding near record highs and 154.70. "Bullish" activity remains muted as investors expect new drivers to emerge throughout the week.
TECH Buy 16.04.2024 08:22
USD/JPY: wave analysis
Growth is possible.
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 is developing, within which the wave (i) of iii has formed, a local correction has ended as the wave (ii) of iii, and the wave (iii) of iii is developing. If the assumption is correct, the USD/JPY pair will grow to the area of 157.00–161.50. In this scenario, critical stop loss level is 152.50.