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Until when BOJ intervention on USD/JPY continues?

USD/JPY Technical analysis last intervention from Japan was on Friday 21.10.22  after USD/JPY tested 152.00 to the upside before ultimately moving to lows of 146.23 in a quick, aggressive manner – price action that is indicative of official intervention.  There are some reasons for JPY weakness besides US dollar’s strength 1. The Japanese household sector Tended to be more interested…

Gold continues the trend similar to past moves

Gold Price Analysis The gold continues to resemble past moves back in 2021, in the month of August, “Has the affirmative rise in gold ended and the great decline in gold is before us”?  I mentioned the future to occur in the movement of goldLast August we received an overwhelming confirmation of the move – check the last pot  Now…

USD /JPY forex pairs 3 scenarios to watch

USD /JPY TECHNICAL ANALYSISFollowing on from what I wrote in the previous post this time I will discuss 3 scenarios for the pair and won’t bore you with words and I will put 3 charts here for your reference taking into consideration that the 131 price area needs to hold for those scenarios BAT Harmonic Pattern Bearish Butterfly Pattern Bearish…

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Build your trading knowledge -Technical analysis examining and predicting price movements in the financial markets, by using historical price charts and market statistics that can form a fairly accurate prediction of future price moves

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