Yen BasketViés de alta
The Yen has reasons for strengthen!
Hello everyone!
🇯🇵Yen is Ready for a Breakout!💴
The Japanese Yen GPI Basket Index is testing a key resistance level at 6,750-6,840. Over the past three weeks, the index has been steadily approaching this level without sharp movements. Fundamental factors suggest a potential breakout, but a short-term consolidation may occur first.
If the resistance is broken, the index could accelerate toward the next major level at 7,150-7,250, which aligns with the midpoint of the anticipated parallel channel. Currently, lower timeframes indicate overbought conditions, suggesting the need for liquidity accumulation.
In case of a breakout, short positions on GBPJPY and EURJPY appear the most promising, as these pairs have strong movement potential. 🤑
#Forex #Trading #JPY #ForexAnalysis #Yen #FX #MarketUpdate #TechnicalAnalysis #GBPJPY #EURJPY #ForexSignals
🇯🇵Yen is Ready for a Breakout!💴
The Japanese Yen GPI Basket Index is testing a key resistance level at 6,750-6,840. Over the past three weeks, the index has been steadily approaching this level without sharp movements. Fundamental factors suggest a potential breakout, but a short-term consolidation may occur first.
If the resistance is broken, the index could accelerate toward the next major level at 7,150-7,250, which aligns with the midpoint of the anticipated parallel channel. Currently, lower timeframes indicate overbought conditions, suggesting the need for liquidity accumulation.
In case of a breakout, short positions on GBPJPY and EURJPY appear the most promising, as these pairs have strong movement potential. 🤑
#Forex #Trading #JPY #ForexAnalysis #Yen #FX #MarketUpdate #TechnicalAnalysis #GBPJPY #EURJPY #ForexSignals
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.