In this analysis, I make an analysis in USD/JPY that I believe that in based the technical analysis. I'm still bullish in USD/JPY. What we could to find down a good level to bought like $141.76 JPY, and also if in case that make this break-out of this higher lower. What it's important to hope the next opportunity and not trade yet.
Also I want to share in H4 timeframe that we're in the 0.382% fibonacci.
Also, I study a lot this par and become the most volatile par in Forex market, what sometimes we would to develop a tolerance in this par and analyze very well to develop a successful strategy. I'm still bullish in USD.
***Tomorrow will be the U.S. Consumer Price Index, and this report it's where investor hope to know this data to trade widely.
Fundamental Analysis in U.S Dollar:
1. Dollar fell to it's lowest level in about two weeks agains a basket of currencies on Monday following recent strong gains.
2. Investor sentiment grew up into the nervous ahead of U.S inflation data as FED appeared to increase interest rates. This data show a concerned in the U.S. economy into the risk to curb like a reccesion.
***3. The U.S. Consumer Price Index report will due tomorrow to know and get clues on how aggressive the FED may need to be in hiking interest rates next week to fight high inflation in America.
4. Joe Manimbo, senior market analyst at Convera, He believe it's been a break in the dollar relentless rise, waht behind that its an improved risk sentiment.
5. U.S. Consumer Price growth is expected to decelerate slightly in August with analyst citing a moderation in soaring energy that previously contributed to driving inflation very high since 40 years ago never see in America economy
Keep update!!!
Also I want to share in H4 timeframe that we're in the 0.382% fibonacci.
Also, I study a lot this par and become the most volatile par in Forex market, what sometimes we would to develop a tolerance in this par and analyze very well to develop a successful strategy. I'm still bullish in USD.
***Tomorrow will be the U.S. Consumer Price Index, and this report it's where investor hope to know this data to trade widely.
Fundamental Analysis in U.S Dollar:
1. Dollar fell to it's lowest level in about two weeks agains a basket of currencies on Monday following recent strong gains.
2. Investor sentiment grew up into the nervous ahead of U.S inflation data as FED appeared to increase interest rates. This data show a concerned in the U.S. economy into the risk to curb like a reccesion.
***3. The U.S. Consumer Price Index report will due tomorrow to know and get clues on how aggressive the FED may need to be in hiking interest rates next week to fight high inflation in America.
4. Joe Manimbo, senior market analyst at Convera, He believe it's been a break in the dollar relentless rise, waht behind that its an improved risk sentiment.
5. U.S. Consumer Price growth is expected to decelerate slightly in August with analyst citing a moderation in soaring energy that previously contributed to driving inflation very high since 40 years ago never see in America economy
Keep update!!!
