April 4th: USD/JPY and GBP/JPY in the midst of a tug-of-war—this week's trend and range analysis
Today is April 4th,
another cold day, isn’t it.
In this season when the cherry blossoms are beautiful, may it be a good week for everyone.
The USD/JPY and GBP/JPY have been trading in a range since March 28 when they hit their highs.
Will they aim for new highs again? Or will they pull back for a while?
Today, we will analyze the current week’s range for USD/JPY & GBP/JPY and the future direction
using the Keikana Line.
I am providing analysis in Japanese time on LiveDoor Blog
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*This article is a positioning analysis to demonstrate the effectiveness of the Keikana Line.
*If you have studied the Keikana Line, please compare your own values and trends with what is shown here to learn.
*Note: This is preliminary analysis information and does not constitute a trading recommendation.