FUND Sell 19.04.2024 11:23
USD/JPY: annual inflation in Japan was lower than analysts’ forecasts
The USD/JPY pair rose to 154.38 after the publication of poor inflation data in Japan.
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.