JPY Weakness To Drive Up Nikkei
Fundamentals & Sentiment
JPN225:
- BoJ: "proceed cautiously" - can be interpreted as dovish; CFTC
- Weakness in JPY: Market internals, CFTC
- New PM to prevent deflation
- Dull economic data - dovish
USD:
- Risks: elections, Middle East tensions
Technical & Other
JPN225:
- BoJ: "proceed cautiously" - can be interpreted as dovish; CFTC
- Weakness in JPY: Market internals, CFTC
- New PM to prevent deflation
- Dull economic data - dovish
USD:
- Risks: elections, Middle East tensions
Technical & Other
- Setup: TC(B)
- Setup timeframe: 4h
- Trigger: 4h
- Medium-term: Up
- Long-term: Up
- Min target: Local high
- Stop loss: 0.61%
- Position size: 0.5R
Trade closed: stop reached
-0.68R
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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.
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.