¶Update on United Dollar VS Japan Yen._
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Monthly Timeframe-
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The united states of America is still on recession while Japan Yen is Getting stronger against United states dollar -
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Seems like USA will be on recession for a long period of time after Powell's speech on Friday about higher interest rates
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Technically USDJPY is preparing for a distribution phase I'm expecting a short bullish move to 148.595 Bank Liquidity... Then dooms day! The fall of united states dollar! Now it will become difficult for exporters to do business while the country's economy is performing very bad ...
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Technically we expect the united states dollar to fall until 75.311 which might be in 2028.
On the overall Month market condition on USDJPY ...price is on accumulation phase preparing for economic expansion.
-
Monthly Timeframe-
_
The united states of America is still on recession while Japan Yen is Getting stronger against United states dollar -
-
Seems like USA will be on recession for a long period of time after Powell's speech on Friday about higher interest rates
-
Technically USDJPY is preparing for a distribution phase I'm expecting a short bullish move to 148.595 Bank Liquidity... Then dooms day! The fall of united states dollar! Now it will become difficult for exporters to do business while the country's economy is performing very bad ...
-
Technically we expect the united states dollar to fall until 75.311 which might be in 2028.
On the overall Month market condition on USDJPY ...price is on accumulation phase preparing for economic expansion.
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