There are no major economic indicators being released and the mood is to wait and see!? The upper target for USD/JPY is 108.60 yen [July 23 (Tuesday)]
In this video, we will check important economic indicators and market conditions for Tuesday, July 23, chart movements, and top-selling EA rankings.
■ Video
<Reference site>
Yahoo! JAPAN Finance
https://info.finance.yahoo.co.jp/fx/marketcalendar/
■ Key points for today
- Euro: consumer confidence, United States: pending home sales to watch!
- With markets awaiting monetary policy in the US, Europe, and Japan, the dollar/yen lacks a clear direction and is hard to trade. The upside target is 108.60 yen, and if it falls below 107.50 yen, there could be a significant decline.
- Bitcoin/Yen briefly dropped below 1,100,000 yen, but then rebounded somewhat, and as of 11:00, is trading in the low 1,100,000s yen.
- The top-selling EA rankings feature the new contender “BLUE MOON” at No. 1. No. 2 remains “Copernicus Triple Crown” as of the previous day, and “Avail -USDJPY-” has fallen to No. 3.
■ USD/JPY, 1-hour chart
Source: USDJPY chart by TradingView
■ Bitcoin/Yen, 1-hour chart
Source: BTCJPY chart by TradingView
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