📊 Technical Analysis
● Dollar-yen has punched through the 16-month descending channel top and twice retested it as support (false-break tags), carving a rising trend line that now guides price away from 144.90.
● Inside the break zone a smaller pennant is forming; a 4 h close above 147.18 completes the pattern and activates the channel-height target at 150.80 near the November swing cap.
💡 Fundamental Analysis
● US 2-yr yields pushed to a three-month high after hotter CPI core-services and Barkin’s “inflation progress has stalled”, while the BoJ July minutes flagged only “gradual” QT—widening the policy gap and reviving carry demand for yen shorts.
✨ Summary
Long 145.2-146.2; pennant break >147.18 targets 150.80. Bias void on a 4 h close below 142.80.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
● Dollar-yen has punched through the 16-month descending channel top and twice retested it as support (false-break tags), carving a rising trend line that now guides price away from 144.90.
● Inside the break zone a smaller pennant is forming; a 4 h close above 147.18 completes the pattern and activates the channel-height target at 150.80 near the November swing cap.
💡 Fundamental Analysis
● US 2-yr yields pushed to a three-month high after hotter CPI core-services and Barkin’s “inflation progress has stalled”, while the BoJ July minutes flagged only “gradual” QT—widening the policy gap and reviving carry demand for yen shorts.
✨ Summary
Long 145.2-146.2; pennant break >147.18 targets 150.80. Bias void on a 4 h close below 142.80.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.