12/30 Tokyo USD/JPY market trading points
<12/29 USD/JPY results>
Tokyo range: 114.75 = 93, NY range: 114.67 = 115.00
Thank you for visiting us this year.
Our club’s operations ended yesterday on 12/29, and will resume on 1/4 next year.
We hope our market information can be of help in many situations.
Next year we plan to resume providing information on GBP/JPY and the Nikkei Average.
Yesterday's 12/29 forecast was,
“The key point is how far up we can rise from the bottom of the ‘turning zone’ 114.60=75 to the top zone 115.25=40.”
(1)With year-end approaching, no rise, sideways. Expected range: 114.70=85
(2)Rises but stops at 115.00. Expected range: 114.75=115.05
(3)Ideal ‘top test’ 115.25=40 realized. Expected range: 114.75=115.35』
As a result, Tokyo followed (1) pattern, NY followed (2) pattern.
<12/30 Tokyo USD/JPY market>
On 12/30, attention on whether Tokyo can also achieve this week's target in the 115 yen range.
The path to achievement is
(1)Stagnating around 114.95, wondering if we can barely climb into the 115.00s
(2)Going for the upper zone 115.15-20, to be achieved easily
Essentially a small range, just judging which path
<12/30 Tokyo USD/JPY analysis diagram>
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