Mexiguero

Mexiguero

📉 Bearish Divergence Identified 🔍 Element Observation Price Action Price made higher highs (local swing tops increasing slightly). RSI (bottom) RSI made lower highs (momentum decreasing). Type Regular bearish divergence — a classic early warning of weakening trend. 🧠 Interpretation This type of divergence often signals that: Bullish momentum is fading, even...

Mexiguero

1. Summary of Key Factors -Factor Signal Impact on USD/JPY Notes -US 20Y Bond Selloff Bearish USD 🔻 Drop Likely Suggests capital outflows from US -Moody's Downgrade Bearish USD 🔻 Drop Likely Weakens USD confidence globally -Japanese Portfolio Rebalancing Bullish JPY🔻 Drop Likely Reduced UST purchases = yen demand -Technical Break of SMA & Support Bearish 🔻...

Mexiguero Updated 

On the 1D timeframe we had a clear breakout of the triangle formation which is now being retested while picking up open FVG gaps up to 1.08300 range. When we look at the 15M timeframe i believe we will see another small drop only to return and closes all bearish FVG gaps upwards towards 1.08600 where it will retest and head further up towards 1.0900. Let's see...