In 2023, Japan’s stock market is in a bullish trend (shown by the blue channel) as the country has an ultra-loose monetary policy (unlike other G7 countries that are fighting inflation). As a result, the cheap yen helps Japanese companies, which are largely export-oriented, to develop. According to the Cabinet of Japan, GDP in the […]
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Daily Pivots: (S1) 188.29; (P) 188.95; (R1) 189.66; More… Intraday bias in GBP/JPY stays neutral at this point. Risk will be mildly on the downside as long as 193.04 resistance holds. On the downside, firm Read more…
Daily Pivots: (S1) 156.12; (P) 156.69; (R1) 157.29; More… Intraday bias in EUR/JPY remains neutral for the moment. the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is Read more…
Daily Pivots: (S1) 0.8277; (P) 0.8290; (R1) 0.8303; More… Intraday bias in EUR/GBP remains neutral first. Another fall is expected as long as 0.8308 minor resistance holds. Below 0.8264 will resume the whole decline from Read more…