September 3 (Wed): [Bollinger Bands] Nikkei 225 vs Dollar/Yen
This time
"USD/JPY"
is compared to.
【Overall Scenario Probability】
This week's overall market is…
「Increase: 45% ／ Decrease: 55%」
※ Nikkei 225 downside pressure is somewhat stronger
※ Presented as a reference level.
【This Week's Market Focus Points】
This week’s focus is on the path of USD/JPY and the Nikkei 225. USD/JPY remains in an ascendant range with room to rise from the “Squeeze” on the monthly chart, but includes the possibility that its moving average turns downward, creating a tug-of-war between upside and downside. In particular, whether it can break through +2σ on the weekly chart is a major inflection point.
On the other hand, the Nikkei 225 has reversed from the +3σ level on the monthly chart and is entering a downtrend aiming for -2σ on the daily chart, but on the weekly chart, it may be supported by an upward-moving moving average, so both upside and downside scenarios should be kept in view.
Moreover, major U.S. indices and Bitcoin may serve as leading indicators in some situations, making it important to make judgments considering correlations. Overall, the market environment is characterized by a tendency toward consolidation, but it’s prudent to remain flexible to short-term rebound opportunities.
➥For more details, see the members-only report.
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● Use “The Anatomy 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 Zone where the chart should stopZoneand stop it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※From here on, it is for members only.）
