Vhuntshwa_Capital

Vhuntshwa_Capital

Short term trend - Upward The pair is currently trending upward and we expect a liquidity sweep of prior week low i.e 190.00 then a continuation to 193.00 Midterm trend The pair is currently trending downward(midterm) hence expect a reversal at around 193.500(see post from yesterday).

Vhuntshwa_Capital

Macro Analysis BoE is currently cutting the rates(even if keep the rates now, won't affect the direction of the pair) and BOJ has kept the rates but is expected to raise rates due to inflationary pressures. Technical Analysis Expect the pair to sweep the 15min liquidity as shown , as we have already tapped into the 4hr order block. We expect a strong fall to form...

Vhuntshwa_Capital

Macro Economic Analysis / Fundamental Analysis The ECB has kept the rates while also BOJ kept the rates at the moment. In the short term we expect the ECB to cut the rates whilst the BOJ to raise the rate, probably in the next meeting. So in overall, we expect the JPY to strengthen against the EURO. Technical Analysis We expect a liquidity sweep of the previous...