USD/JPY: Sell entry at 155.87(This is Only half of our entries and 5mins late)
Current Positions: USD/JPY: Sell entry at 155.87 Stop loss at 156.56 This post is Half of all our entry and 5 mins late. If you want the full signal (entry and close info with Real time), please check Forex Top Team VIP signal ↓ VIP SIGNAL
Yen Weakness Continues After Bank of Japan Meeting, U.S. PCE Deflator Could Further Accelerate It
The yen continues to weaken. The Bank of Japan’s policy meeting ended as expected, with interest rates unchanged. The statement lacked novelty, leading to further weakening of the yen in the market. The inflation outlook in the outlook report was revised upwards, predicting around 2% for the next three years, but there was no surprise […]
The USD/JPY exchange rate surpassing the 155 yen mark indicates a significant yen depreciation level, with today’s focus on the preliminary US GDP data.
Yesterday in the London market, the USD/JPY exchange rate easily climbed into the 155 yen range. Amid a lack of significant economic data, the rise in US bond yields had been the main driver of dollar buying pressure. Behind this, there seems to be persistent speculation about the delay in the start of interest rate […]
USD/JPY: Buy – Focus Currency and Technical Analysis (15-minute chart) March 20, 2024
USD/JPY continues to rise following the Bank of Japan’s policy shift. The market is keeping an eye on the outcome of the Federal Reserve’s meeting and future interest rate trends. EUR/USD: Sell – Cautious Market Sentiment The EUR/USD is showing uncertain movement around 1.0870, with participants avoiding building new positions ahead of the Federal Reserve’s […]
USD/JPY: Neutral – Weekend Preparation within Range Trend
The USD/JPY pair is trading near 148.30, preparing for weekend gains within a weekly uptrend. Higher-than-expected US inflation data is casting doubt on the Federal Reserve’s plan to cut interest rates in June. XAU/USD: Neutral – Under Pressure from US Producer Price Index The XAU/USD pair is preparing for a slight weekend decline near 2165.00. […]
USD/JPY (US Dollar/Japanese Yen) – Sell – Currency Focus and Technical Analysis (15-Minute Chart) March 11, 2024
EUR/USD (Euro/US Dollar) – Strong Sell The EUR/USD pair is holding steady near 1.0940, with market participants analyzing macroeconomic data released last week. Particularly, Germany’s industrial production decreased by 5.5% on an annual basis but increased by 1.0% on a monthly basis, suggesting the possibility of the German economy emerging from recession in the near […]
Outlook for the Overseas Markets: Lack of Catalysts, Will the Decline in USD/JPY Stabilize?
The overseas markets at the beginning of the week lack notable catalysts. There are no major economic indicators scheduled for release in major countries, with only some announcements such as Turkey’s employment statistics for January and Norway’s Consumer Price Index (CPI) for February expected in the early London session. Tomorrow, the focus will be on […]
USD/JPY (US Dollar/Japanese Yen) Strong Sell, Featured Currency and Technical Analysis (15-minute chart) February 29, 2024
EUR/USD (Euro/US Dollar) Buy The Euro/US Dollar pair shows ambiguous trading dynamics near 1.0830, with low market activity as traders await the release of inflation statistics that may influence the timing of interest rate reduction programs by the US Federal Reserve and the European Central Bank (ECB). Tomorrow, final inflation statistics for the Eurozone are […]
USD/JPY (US Dollar/Japanese Yen) – Buy, Focus Currency and Technical Analysis (15-Minute Chart) February 28, 2024:
USD/JPY pair has shown a slight uptrend during the Asian session, testing the breakout at 150.60, recovering from the low on February 22. Traders are awaiting the release of major US economic statistics today. EUR/USD (Euro/US Dollar) – Strong Sell: The EUR/USD pair is experiencing a slight decline, extending the correction momentum from the […]
USD/JPY (US Dollar/Japanese Yen) Sell, Featured Currencies and Technical Analysis (15-minute chart) February 27, 2024
EUR/USD (Euro/US Dollar) Strong Sell The Euro/US Dollar pair shows slight gains, developing the short-term upward trend that began to form two weeks ago. In the US, data on the Personal Consumption Expenditures Price Index, which is actively used in calculating average inflation, will be released this week. In the Eurozone, focus will be […]