JPY INDEX PROJECTION Dear friends and followers ..
I present to you my strategy and analysis on JPY index for trading JPY pairs...
Consider that zone form your trading decision either buy or sell.
Good luck all...
JPY Index Reversal – FVG Tap and Potential Upside Move?The JPY Index has tapped into a high-probability Fair Value Gap (FVG) after taking out sell-side liquidity. This price action suggests a strong move to the upside may be on the horizon, with price moving from Internal Range Liquidity (IRL) to External Range Liquidity (ERL). With the FVG acting as a
JPY Surge Ahead Could Trigger a Major Drop in GBB/JPYThe JPY Currency Index (JPYX) is approaching a key demand zone, highlighted in blue on the chart around the 748 level. After a sustained downtrend, this area is likely to serve as support, with a potential bullish reversal indicated by the projected price movement. A bounce off this zone could trigg
JPY index long!as we see downtrend on day frame time been break out with nice flag bullish pattern
that's why I'm looking for see all pairs ends with JPY
Is the Yen Set for a Comeback? Analyzing EUR/JPY,GBP/JPY,CHF/JPYThe Japanese Yen (JPY) has been one of the weakest currencies in the past three years, with some pairs experiencing a significant 70-80% devaluation, particularly against CHF, EUR, and GBP (CHF/JPY, EUR/JPY, GBP/JPY).
However, since reaching a low in early July, the JPY has shown signs of reversing
JPY Currency Index 4H Analysis: Potential Consolidation and Key The chart shows the JPY Currency Index on a 4-hour timeframe, where the market is currently trading around the 766.9 level. Based on the price action, there appears to be a clear formation of potential consolidation after a sharp move upward.
Key Observations:
Uptrend Momentum: The index previously
Mallicast Team's Analysis of the JPY Index:The Mallicast team remains optimistic about the upward trend of the Japanese Yen (JPY) index. The strengthening of the yen could lead to a weakening of the US Dollar Index (DXY), as a stronger yen is usually associated with increased demand for this currency and a reduced inclination to buy dollars.
Mallicast Team's Analysis of the JPY Index:The Mallicast team remains optimistic about the upward trend of the Japanese Yen (JPY) index. The strengthening of the yen could lead to a weakening of the US Dollar Index (DXY), as a stronger yen is usually associated with increased demand for this currency and a reduced inclination to buy dollars.
JPY The JPY index, which is a key indicator for analyzing the durable goods market and even the U.S. dollar, has started its upward rally in recent weeks. It may enter a corrective phase and subsequently break its long-term trend. We have predicted the highest price target at 793.4 and the lowest price
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Displays a symbol's price movements over previous years to identify recurring trends.