BULLISH USD DOLLAR OVER JAPENESE YEN
Technically, in the first quarter of the year USD/JPY performed quite well pumping from 141.50 to 151.57, and in the second quarter from 151.60 to 160.82 . A few days into the third quarter it reached an all-time high of 161.95 and it experienced a pullback to the 2023 low of 140.23.
My technical projections indicate a BULLISH trend for the rest of the quarter.
Disclaimer: Trading Ideas and Analysis
The information provided here is for educational and informational purposes only and should not be construed as investment or trading advice. The trading ideas and strategies shared are based on our personal opinions and analysis and are not intended to be a recommendation to buy, sell, or hold any financial instrument. Trading and investing involve significant financial risk and you should always conduct your own research, seek professional advice, and ensure that you fully understand the risks involved before making any trading decisions. Past performance is not indicative of future results. We will not be held responsible for any loss or damage, including without limitation, any loss of profit, that may arise directly or indirectly from reliance on such information.
My technical projections indicate a BULLISH trend for the rest of the quarter.
Disclaimer: Trading Ideas and Analysis
The information provided here is for educational and informational purposes only and should not be construed as investment or trading advice. The trading ideas and strategies shared are based on our personal opinions and analysis and are not intended to be a recommendation to buy, sell, or hold any financial instrument. Trading and investing involve significant financial risk and you should always conduct your own research, seek professional advice, and ensure that you fully understand the risks involved before making any trading decisions. Past performance is not indicative of future results. We will not be held responsible for any loss or damage, including without limitation, any loss of profit, that may arise directly or indirectly from reliance on such information.
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