WEEKLY
After touching a weekly fvg price started to correct possibly targeting the nearest weekly buyside liquidity to continue going down. Order flow for me is bearish untill it starts forming higher low and higher highs. For now all I see is a correction on the weekly
DAILY
Daily Bias: BULLISH
I think this week will continue to be bullish until the weekly buyside is achieved or there is also a daily order block above that could be targeted and decide from there if it will continue the bearish tone one weekly
Note
MARCH 19BOJ Holds Rate Steady as Officials Monitor Rising Global Risks
By Toru Fujioka
(Bloomberg) -- The Bank of Japan kept its key policy rate unchanged, as Governor Kazuo Ueda mulled the impact from January’s hike and remained wary of risks in the global economy.
Ueda and his fellow board members voted to keep the policy rate at 0.5% Wednesday at the end of a two-day gathering, according to a statement from the central bank.
The result was in line with the expectations of all 52 economists surveyed by Bloomberg.
Note
Note
(Bloomberg) -- The yen erases intraday losses after the Bank of Japan says a virtuous cycle of income to spending is intensifying.USD/JPY steady at 149.27 after gaining as much as 0.3% earlier
The BOJ leaves the benchmark overnight rate at 0.5% in a move that was unanimously expected in a Bloomberg survey of economists
Governor Ueda is scheduled to hold a media briefing at 3:30pm Tokyo time
Japan’s cash bond market closes for a lunch break from 11:05am to 12:25pm, and futures trading is shut between 11:02am and 12:30pm
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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.