La leggenda nel team InstaSpot!!
Legenda! Pensi che sia troppo patetico? Ma come dobbiamo chiamare un uomo, che è diventato il primo dell'Asia a vincere il campionato mondiale di scacchi a 18 anni e che è diventato il primo Gran Maestro indiano a 19? Fu l'inizio di un duro cammino verso il titolo di campione del mondo, l'uomo che divenne per sempre una parte della storia di scacchi. Un'altra leggenda nel team InstaSpot!
Il Borussia è una delle squadre di calcio più titolate in Germania, che ha ripetutamente dimostrato ai tifosi che lo spirito di competizione e leadership porta al successo. Fai trading nello stesso modo in cui lo fanno i professionisti dello sport - fiduciosamente e attivamente. Segui il Borussia FC e sii avanti con InstaSpot!
Trade Analysis and Advice for Trading the Japanese Yen
The price test at 155.53 occurred when the MACD indicator had just started moving down from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair declined by more than 30 points.
The anticipated Bank of Japan interest rate decision is already supporting the yen and could have a significant impact on global financial markets. Japan is one of the world's largest creditors, and a rate hike may lead to capital outflows from other countries, especially those with lower rates. This may also affect the value of Japanese assets and help stabilize the yen.
Later today, the focus will shift to the U.S. ISM Manufacturing Index data. Only exceptionally strong results—which are unlikely—will support the dollar. Otherwise, the figures could trigger a new wave of dollar selling, especially against the Japanese yen.
For intraday strategy, I will primarily rely on Scenarios #1 and #2.
Buy Signal
Scenario #1: Buy USD/JPY today around the entry point of 155.33 (green line on the chart) targeting a rise to 155.65 (thicker green line). Around 155.65, exit the buy position and open a sell in the opposite direction, expecting a 30–35 point reversal. Significant growth is unlikely today. Important: Before buying, ensure the MACD is above zero and just starting to rise.
Scenario #2: Buy USD/JPY if the price tests 155.04 twice while the MACD is in the oversold zone. This limits the pair's downward potential and may trigger a market reversal upward, targeting 155.33 and 155.65.
Sell Signal
Scenario #1: Sell USD/JPY after breaking the 155.04 level (red line), which will trigger a quick decline. The key target for sellers is 154.64, where I plan to exit the sell and immediately open a buy in the opposite direction, expecting a 20–25 point reversal. Pressure on the pair may persist today. Important: Before selling, ensure the MACD is below zero and just starting to fall.
Scenario #2: Sell USD/JPY if the price tests 155.33 twice while the MACD is in the overbought zone. This limits upward potential and may trigger a market reversal downward, targeting 155.04 and 154.64.
Chart Notes
Important Notes for Beginners:
Beginner Forex traders should exercise extreme caution when entering the market. It's best to stay out before major fundamental reports to avoid sharp price fluctuations. If trading during news releases, always use stop orders to minimize losses. Without stop orders, you could quickly lose your entire deposit, especially if trading large volumes without proper money management.
Remember: successful trading requires a clear trading plan, like the one outlined above. Making spontaneous trading decisions based on current market conditions is inherently a losing strategy for intraday traders.
*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.
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