USDJPY - BULLISH STEP
Actualizado
The Japanese yen rose in the Asian market on Friday, extending its positive trend against the U.S. dollar for the second consecutive day. This was driven by hawkish comments from Bank of Japan officials, raising expectations of a third interest rate hike in December. Additionally, the yen benefited from a decline in U.S. 10-year Treasury yields, ahead of upcoming U.S. labor market data that could influence the outlook for potential interest rate cuts later this month.
Generally, the direction is a downtrend
Uptrend Side: We need to stabilize above 150.47 in order to advance further and reach 152.42. A break above this level would likely lead to a further rise, potentially reaching 153.98.
Downtrend Side: Trading below 150.47 and particularly below 148.96, will confirm the bearish trend.
Tendency Keys: 150.47 and 148.96
Generally, the direction is a downtrend
Uptrend Side: We need to stabilize above 150.47 in order to advance further and reach 152.42. A break above this level would likely lead to a further rise, potentially reaching 153.98.
Downtrend Side: Trading below 150.47 and particularly below 148.96, will confirm the bearish trend.
Tendency Keys: 150.47 and 148.96
Operación activa
Currently, the price will try to stabilize above the resistance of 150.47
Operación cerrada: objetivo alcanzado
DONE
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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