September 17 (Wed): [Bollinger Bands] Nikkei 225 vs USD/JPY
This time
『Dollar/Yen』
will be compared.
【Overall Scenario Probability】
This week's overall market is…
“Increase: 55% / Decrease: 45%”
※ Dollar/Yen has an unclear direction, while the Nikkei shows an upward trend but with a dip
※Provided as a reference level.
【This Week's Market Highlights】
This week's focus remains on the ongoing【SQUEEZE】in the Dollar/Yen movement and the Nikkei 225, where the upward momentum is being tested. The Dollar/Yen has a waveform compressed from the monthly chart down to the 4-hour chart, and we are in a phase preparing for the next major【EXPANSION】. It's difficult to determine which direction it will move, but leadership differs by time frame, so caution is especially needed for short-term trading.
On the other hand, the Nikkei 225 continues in the state of【Trend Channel】on the monthly and weekly charts, while the focus is whether the【Expansion】on the daily chart will be maintained. While higher highs are expected, the candlestick patterns show alternating bullish and bearish signals, with some signs of momentum waning.
The movements of GOLD and the U.S. 10-year Treasury yield may also influence the overall market, with particular attention on how a decline in U.S. yields will affect major equity indices.
➥Details are provided in a members-only report.
If you are not registered yet, please click here ↓
● Use the “Deconstruction of the Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use the “Harmonic Prescription” to draw a Zone where the chart should stopZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
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