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Please share your personal opinions in the comments. Don’t forget to like and subscribe.
Key Points
- U.S. President Trump announced a delay of the 50% tariff, which he had warned would take effect from June 1, until July 9.
- Nvidia’s earnings will be released after the market closes on the 28th, drawing attention as a potential catalyst for increased risk appetite.
- At the opening of the two-day conference themed “New Challenges in Monetary Policy” on the 27th, BOJ Governor Ueda stated that "Japan’s inflation is closer to the target than at any time in the past 30 years," and added, "As economic activity and prices improve, we will adjust the level of monetary easing as necessary to achieve the sustainable 2% inflation target, within the range that reinforces confidence in our baseline scenario based on incoming data."
Key Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April PCE Price Index
USDJPY Chart Analysis
While it initially seemed like a short-term uptrend was forming with 149 as the peak, the pair broke below the 144 level, failing to establish the uptrend. The breakdown below the support line suggests a possible decline toward the 140 level. After reaching the low, we will need to monitor the situation, but a rebound is expected at this point.
If the 140 level is breached, we will quickly develop a new strategy.
Please share your personal opinions in the comments. Don’t forget to like and subscribe.
Key Points
- U.S. President Trump announced a delay of the 50% tariff, which he had warned would take effect from June 1, until July 9.
- Nvidia’s earnings will be released after the market closes on the 28th, drawing attention as a potential catalyst for increased risk appetite.
- At the opening of the two-day conference themed “New Challenges in Monetary Policy” on the 27th, BOJ Governor Ueda stated that "Japan’s inflation is closer to the target than at any time in the past 30 years," and added, "As economic activity and prices improve, we will adjust the level of monetary easing as necessary to achieve the sustainable 2% inflation target, within the range that reinforces confidence in our baseline scenario based on incoming data."
Key Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April PCE Price Index
USDJPY Chart Analysis
While it initially seemed like a short-term uptrend was forming with 149 as the peak, the pair broke below the 144 level, failing to establish the uptrend. The breakdown below the support line suggests a possible decline toward the 140 level. After reaching the low, we will need to monitor the situation, but a rebound is expected at this point.
If the 140 level is breached, we will quickly develop a new strategy.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.