July 16 (Wed): [Bollinger Bands] Nikkei 225 vs. USD/JPY
This time
“USD/JPY”
will be compared.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 45% ／ Fall: 55%”
Note: USD/JPY and Nikkei 225 are biased toward declines.
Note: Presented as a reference level.
【This Week's Market Focus Points】
This week, the movement of USD/JPY will provide important hints. Currently, on the 4-hour and daily charts, the uptrend is maintained, but at the weekly and monthly levels there is a strong upper resistance band overlapping, making a reversal after a small additional rise likely.
Similarly, Nikkei 225 has not yet broken out of the sideways momentum (blue Zone) for time adjustment, so which direction it will break is the focus.
While paying attention to the fact that Bitcoin has a preceding bearish candle, and considering correlation with major U.S. indices, the situation calls for readiness for a temporary rise followed by a decline.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please go here ↓
●Use “The Unveiling of the Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
●Use “The Prescription of Harmonics” to draw the “Chart should stop at the stop point”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is for members only.)
