Here's a brief analysis for a short idea on USDJPY:
*Technical Analysis:*
- USDJPY has been in an uptrend since January 2023, but has recently shown signs of exhaustion and correction is now likely.
- The Relative Strength Index (RSI) has entered overbought territory, indicating a potential pullback.
*Fundamental Analysis:*
- The Bank of Japan (BOJ) has maintained its dovish stance, however intervention is now more then likely
*Technical Analysis:*
- USDJPY has been in an uptrend since January 2023, but has recently shown signs of exhaustion and correction is now likely.
- The Relative Strength Index (RSI) has entered overbought territory, indicating a potential pullback.
*Fundamental Analysis:*
- The Bank of Japan (BOJ) has maintained its dovish stance, however intervention is now more then likely
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join our discord, discord.gg/trademaster
The Ultimate Master of Trading, fulltime trader, sharing my own trades with documented 90% win rates
The Ultimate Master of Trading, fulltime trader, sharing my own trades with documented 90% win rates
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.