USD/YEN going lower
Dropping below the cloud with a bearish TK cross on the weekly timeframe leaves little room for a bullish outlook.
The USD is weakening amid a probable recession and upcoming rate cuts, while the Bank of Japan is set to raise interest rates for the first time in years. This could pressure YEN borrowers and create stress in the markets.
The USD is weakening amid a probable recession and upcoming rate cuts, while the Bank of Japan is set to raise interest rates for the first time in years. This could pressure YEN borrowers and create stress in the markets.
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.