USD/JPY H4 timeframe The price is located near and above 200 SMA in the bullish area of the chart and below 100 SMA for the ranging market condition. The price is trying to break 100 SMA together with symmetric triangle pattern to above for the price to be reversed from the ranging bullish to the primary bullish trend. Alterbative, if the price breaks 101.73 support level to below so the reversal of the price movement from the ranging bullish to the primary bearish market condition ...
There are limits to what BOJ can do in the sense it cannot underwrite debt due to legal constraintsDon't share view that monetary policy is reaching its limitsEven within current framework there is ample room for further easingFirst issue to analyze is what factors have hampered achievement of price targetWhat we should bear in mind when conducting monetary policy is not its limit but comparison between its benefits and costsNegative ...
Japan's gross domestic product was flat on a seasonally adjusted quarterly basis in the second quarter of 2016, the Cabinet Office said on Monday. more...
W1 price is broke S3 Pivot to below for the bearish breakdown to be continuing. The price is testing 98.97 support level together with symmetric triangle pattern to below for the bearish continuation, otherwise - ranging bearish.
Daily price is breaking Senkou Span line for the possible breakdown: the price is crossing 109.04 support level to below on open daily bar for now for the reversal of the price movement from the ranging bullish to the primary bearish market condition. Absolute Strength indicator is estimating the bearish trend to be started, and Chinkou Span line is already broke the price to below for the good breakdown in the near future to be continuing. If D1 price will break 109.04 support ...
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