As evident to all, the Bank of Japan has set its tactical defense at 160:1 against the dollar. Starting from July 9, 2024, we've detected directional capital flows, signaling the medium to long-term trading opportunities we anticipated. We expect the USD/JPY exchange rate to drop to 138:1 by the end of the year.
FOREXCOM:AUDUSD
Since I began trading forex in 2008, I have focused extensively on the Australian dollar. Over the years, I have developed a profound understanding of this currency and the behaviors of its market participants. It is well-known that different currencies exhibit unique characteristics due to the distinct nature of their traders. The varying...