cervicekkarel

cervicekkarel Oct 27, 2024

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...

cervicekkarel Oct 27, 2024

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...

cervicekkarel Oct 27, 2024

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...

cervicekkarel Oct 27, 2024

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...

cervicekkarel Mar 30, 2020

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