TECH Buy 18.04.2024 10:40
USD/JPY: analysis of diagonal levels
During the Asian session, the USD/JPY pair retreated from record highs near the resistance level of 154.80. Analysts tried to assess the risks of the Bank of Japan’s intervention in the market situation. Thus, representatives of the regulator reported on possible measures without defining clear boundaries for their application.
FUND Buy 17.04.2024 09:29
USD/JPY: consolidation near record highs
The USD/JPY pair shows ambiguous dynamics, consolidating near 154.60.
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.
FUND Sell 10.04.2024 11:00
USD/JPY: the price has formed a savings area of 151.80–150.77
The USD/JPY pair is trading in the savings area of 151.80–150.77: investors are in no hurry to open new positions in anticipation of the publication of American macroeconomic statistics on inflation today at 14:30 (GMT+2).