📊 Technical Analysis
● Clean breakout above the 190.3 –191.3 demand zone and retest of the grey downtrend line sets a bullish base.
● The small falling wedge points to horizontal resistance at 193.5.
💡 Fundamental Analysis
● BoE minutes reveal a hawkish tilt, cementing a wide UK–Japan yield gap as markets push back rate-cut bets .
● BoJ stays ultra-dovish: April CPI slowed to 2.3 % YoY, keeping the yen soft against higher-yielding currencies .
✨ Summary
Demand-zone hold + hawkish BoE/dovish BoJ underline a short-term long bias: targets 193.5 → 196; invalidation on a close below 190.
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● Clean breakout above the 190.3 –191.3 demand zone and retest of the grey downtrend line sets a bullish base.
● The small falling wedge points to horizontal resistance at 193.5.
💡 Fundamental Analysis
● BoE minutes reveal a hawkish tilt, cementing a wide UK–Japan yield gap as markets push back rate-cut bets .
● BoJ stays ultra-dovish: April CPI slowed to 2.3 % YoY, keeping the yen soft against higher-yielding currencies .
✨ Summary
Demand-zone hold + hawkish BoE/dovish BoJ underline a short-term long bias: targets 193.5 → 196; invalidation on a close below 190.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +200 PIPS
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.