TECH Buy 26.04.2024 08:38
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 (iii) of iii forms. 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 153.61.
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 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.