Hello, dear subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- European Commission President Ursula von der Leyen has proposed the "REARM Europe Plan" to the leaders of the EU's 27 member states. This plan aims to secure at least €800 billion for increased defense spending by suspending EU fiscal rules.
- In Germany, the Christian Democratic Union (CDU), Christian Social Union (CSU), and Social Democratic Party (SPD) have agreed to establish a €500 billion fund for infrastructure investment.
- As of March 4, the U.S. has officially announced tariffs on Mexico, Canada, and China, with the affected countries responding with retaliatory tariffs.
This Week’s Key Economic Events
+ March 5: U.S. February ADP Nonfarm Employment Change
+ March 6: ECB Interest Rate Decision
+ March 7: U.S. February Nonfarm Payrolls, Unemployment Rate, and Fed Chair Powell’s Speech
USDJPY Chart Analysis
The uptrend has been broken, leading to a downward trend. Recently, the price found support around the 148 level and successfully rebounded. There is a high probability of a rapid rise toward the 151 level. If 151 is breached, further gains toward 155 can be expected. However, if it fails to break through resistance, a drop toward 147 may occur, maintaining the current trend.
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- European Commission President Ursula von der Leyen has proposed the "REARM Europe Plan" to the leaders of the EU's 27 member states. This plan aims to secure at least €800 billion for increased defense spending by suspending EU fiscal rules.
- In Germany, the Christian Democratic Union (CDU), Christian Social Union (CSU), and Social Democratic Party (SPD) have agreed to establish a €500 billion fund for infrastructure investment.
- As of March 4, the U.S. has officially announced tariffs on Mexico, Canada, and China, with the affected countries responding with retaliatory tariffs.
This Week’s Key Economic Events
+ March 5: U.S. February ADP Nonfarm Employment Change
+ March 6: ECB Interest Rate Decision
+ March 7: U.S. February Nonfarm Payrolls, Unemployment Rate, and Fed Chair Powell’s Speech
USDJPY Chart Analysis
The uptrend has been broken, leading to a downward trend. Recently, the price found support around the 148 level and successfully rebounded. There is a high probability of a rapid rise toward the 151 level. If 151 is breached, further gains toward 155 can be expected. However, if it fails to break through resistance, a drop toward 147 may occur, maintaining the current trend.
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.