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cervicekkarel

This strategy takes advantage of both technical support and current sentiment, capitalizing on gold’s appeal as a safe haven amid ongoing geopolitical uncertainty. The entry level at 2,725 USD captures value as it nears a proven support area, enhancing the chance of upward movement. Exiting at 2,775 USD leverages a probable upside within this week, particularly if...

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Technical Analysis: GBP/USD has shown resistance near the 1.30 level in recent trading sessions, which has consistently acted as a barrier against upward movements. With current downward momentum, the next significant support level is at 1.285, a zone that has previously held when GBP has faced similar selling pressure. This makes 1.285 a viable target for...

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Rationale: Bullish momentum driven by the carry trade and the BoJ’s dovish outlook is expected to push USD/JPY higher. A break above the 152.5 resistance could lead to further gains. However, beyond 153.5, the gains may be limited due to potential profit-taking. If the pair retraces below 150, re-evaluate. Action: Long with target at 153.5; minimal risk and...

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Current Price: 0.00657 USD per JPY Target Price (Friday, November 3, 2024): 0.00652 USD per JPY Stop Loss: 0.00661 USD per JPY (above recent resistance level) Entry: Consider entering around 0.00657, the current price level. BoJ Meeting: The Bank of Japan’s policy meeting on October 31 could maintain or intensify the dovish stance, which may weaken JPY as the USD...

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JPY going to be stronger because of export growing ... and we are still waiting to approve the real lowest price ... maybe ...