May 14 (Wed): [Bollinger Bands] Nikkei 225 vs USD/JPY
This time
“USD/JPY”
will be compared.
【This Week's Market Spotlight】
The highlight this week is that finally the Nikkei 225 broke below its weekly moving averages. This makes a move up to +2σ seem realistic.
On the other hand, USD/JPY shows an overall bullish structure, but it is approaching a major barrier at the weekly MA. Also, with all four U.S. stock indices in “Expansion,” the question is whether the current rise is sustainable or temporary. Furthermore, the possibility that the U.S. 10-year yield has shifted to a positive correlation is being tested across multiple timeframes, suggesting a week where correlation is scrutinized.
Attention is on how the price will break through this upcoming key resistance band.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please click here ↓
● Use “The Deconstruction of Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Remedy for Harmonics” to draw the “Zones where charts should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※From here on, limited to members only.)