GBPJPY A bearish signal on the eve of NonFarm news
GBPJPY GBP/JPY collapses on a strong hint from Nikkei news that the BoJ will discuss a 0.5% cut to the 10-year JGB yield at its meeting on Friday. The article sent shockwaves around the Bank of Japan, whereby BOJ Governor Ueda recently announced that "there is still a gap to achieving the 2% inflation target in a sustainable way" and that unless their assumptions about the need to achieve the 2% target sustainably change the BoJ's target "the narrative on monetary policy will not change."
We could see a potential strong support zone in 177.70/90 years on an hourly structure in the previous bull cycle where volume started to dry up. Below that, we have a Control Point near 177.00 and then the swinging support at 176.50.
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
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Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.