Disclaimer: For Education Purposes only
Technical Analysis
Price is Approaching Key Area after breaking out of Descending Channel.
The existence of an imbalance is a good reason for the price to make a move the downside.
Fundamental Analysis
Japan Quarterly GDP and Annual GDP is less than consensus and previous scores. So a weaker JPY is to be expected.
Because of this, I'm expecting a small reaction from Key Area before pushing to the upside.
Technical Analysis
Price is Approaching Key Area after breaking out of Descending Channel.
The existence of an imbalance is a good reason for the price to make a move the downside.
Fundamental Analysis
Japan Quarterly GDP and Annual GDP is less than consensus and previous scores. So a weaker JPY is to be expected.
Because of this, I'm expecting a small reaction from Key Area before pushing to the upside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.