CREDIT CRISISWe are beginning to see evidence of a credit crisis starting. low demand for US bonds can trigger a currency crisis for the USD, higher rates will lead to refinancing company problems (especially with all the zombie companies that should have blown up over a decade ago.) and major economic depressio
JPYBASKET Potential Move – Technical OutlookJPYBASKET has just broken out of its bearish channel, signaling a potential shift to bullish momentum after being under pressure since March.
Currently, price action suggests a move to close the gap and target the 6.844 resistance level, with a possible extension toward 6.942.
However, before conf
JPY Basket: Trend Reversal in Play – Bullish Breakout ExpectedThe JPY Basket is showing signs of a potential bullish reversal after reaching a key support zone at 6,183. Last week’s hammer candlestick signals strong buying pressure, reinforcing the likelihood of a trend shift.
Technical Analysis
Key Support & Market Structure Shift:
Price previously tested t
JPY Basket 4hr TFThe JPY Basket has made a 3.3% move without any significant pullback, which suggests a strong momentum, but this move lacks the typical retracement I’d expect to see for a more balanced market. It has reacted off a key level that I’ve identified as an area of interest. However, to gain a higher leve
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Displays a symbol's price movements over previous years to identify recurring trends.