USDJPY: ⬇️ Sell – USDJPY reversed from the long-term resistance level 162.0 – Likely to fall to support level 160.00 USDJPY currency pair recently reversed from the resistance zone between the long-term resistance level 162.0 (which stopped the sharp weekly uptrend in 2024) and the upper weekly Bollinger Band. The downward reversal from the resistance […]
The post USDJPY Wave Analysis appeared first on ActionForex.
Markets Yesterday’s US payrolls were supposed to deliver key input for the Fed decision making process as Fed Chair Warsh at the start of its mandate promised that the US central bank will deliver on Read more…
Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights The July 1st CUSMA extension deadline came and went, but this outcome was well telegraphed and the status quo, Read more…
Next week’s release of the June FOMC meeting minutes should provide further insight into what could shift a divided Committee toward additional tightening, although we continue to expect the Fed to remain on hold as Read more…