9/16(Wed) 6:00 AM USD/JPY (ABCD Analysis) 4-hour chart after sequential wave timing adjustments with 20/50 SMA, head being held down at 100 SMA, a drop coming?
In this article,9/12 Weekend USDJPY ABCD Analysisand the subsequent situation(as of 6:00 AM on 9/16)will be explained. (This is the situation as of the morning of 9/15 yesterday)
<Main Points>
●4-hour 50SMA ≒ 1-hour 200SMA and weekly down FIB 23.6% retracement (155.655)was breached to the upside yesterday.
●Tonight’s FOMC policy rate announcement & press conference will occur,and Friday’s Bank of Japan policy rate announcement and press conference will occur,and through the weekend we expect a fluctuation with the 4-hour chart blue ① 20SMA and red ② 50SMA forming waves, with green ③ High near under the 100SMA after which a decline may occur.
<USDJPY (4-hour) ABCD linkage analysis of 20/50/100/200/400SMA>
●The top chart is as of 6:00 AM on 9/16,the USDJPY (4-hour) ABCD linkage chart of 20/50/100/200/400SMA.
●(X) and (Y) red dashed box areasare the areas to pay attention to,enclosed are the price moves after both have broken above the 200SMA retracement and then moved above the red ②50SMA.
●(X) area青①20SMA wave forms an upward ABCDthen the red ②50SMA wave forms an upward ABCDgreen ③ high to form near green ③ 100SMAred ② takes profit and attempts to drop below the blue ①20SMA and red ②50SMA in orderbut could not make a new lowattempted to chase with blue ①20SMA but also failed to make a new lowand then moved back once to black ④200SMA
●(Y) area is an extension (internal) where, after completing the downward ABCD from the black ④200SMA, it moves to form the green ③ 100SMA downward ABCD,so in the current (Y) area, after forming waves with blue ①20SMA and red ②50SMA in sequence to create the green ③ high below the green ③ 100SMA, and then breaking below blue ①20SMA and red ②50SMA in sequence to update the low,there is a very high likelihood that the green ③ downward ABCD will be completed than in (X).
●Tonight’s FOMC policy rate announcement & press conferenceand the BoJ policy rate announcement & press conference on 9/18 (Fri)and with weekly candle turning up by Friday we expect time adjustment to rise with blue ①20SMA and red ②50SMA waves toward the green ③100SMA just before,then by this weekend or next week green ③ downward ABCD will form and yellow ⑤ low will be broken to the downside.
<USDJPY (4-hour) ABCD linkage considered from a soccer player’s perspective>
●Within the USDJPY 4-hour chart, the movement of ABCD linked by various moving averages 20/50/100/200/400SMA is explained using an image that likens it to a partnership scene when the Japanese national team faces the US in the 2030 World Cup final.This was described as a scenario for teamwork in soccer
(This is a fictional story with no relation to actual markets, feel free to skip reading(^^ )
●As a continuation of the previous『About how the United States’ impregnable double-return move defense system can be breached and how each player connects in soccer (here)』is described
●Previously, to breach the line of America’s impregnable double-return move defense system,Kuroda shouted “Kuroda’s 1mm!” and passed the ball to Aoshima,the subsequent breakthrough of America’s impregnable line by Aoshima allowed a goal, making it 1-1..This ties the score at 1-1
●(X) timebut they were stopped by the United Statesso the ball was reluctantly returned to Kuroda
● Butin the current Y areaPassing back to Kuroda would lead to his line being breachedRikkawa thinks this and(similar to case with green dashed line) will coordinate with Aoshima and Akahoshi to back to the green line, drawing in US players, thenAoshima and Akahoshi will work with each other to break through America’s impregnable line again and this time score by their own effort, aiming to win 2-1 against the United States
● If the USDJPY price moves in this way and can break below the yellow ⑤, there is a possibility that Japan could win the 2030 Soccer World Cup through an ultimate passing sequence like the ABCD linkage, perhaps not zero.
<In Closing>
●Tonight’s FOMC policy rate announcement & press conference and the BoJ policy rate announcement & press conference on 9/18 (Fri) time adjustmentthe 4-hour chart blue ①20SMA and red ②50SMA might form waves and push the green ③ high under the green 100SMA,therefore, it will be interesting to see whether the price can fall and complete the green ③ downward ABCD and make a new low