GBPUSD was shorted from the daily resistance zone around 1.34516 after price rallied into overhead supply and failed to reclaim the area cleanly. The idea was to sell the rejection, not chase the move after it had already extended. Higher-timeframe structure still leaned bearish, and the setup offered a clear invalidation above resistance with roomtoward

USD/JPY has recovered strongly after defending a key demand area, showing that buyers are still active despite the recent volatility. The pair is now moving back toward a major supply zone that has previously capped bullish momentum, making this one of the most important levels on the chart. Bullish scenario If buyers can break and

USDCAD is reacting from a horizontal demand area after sweeping downside liquidity. Expect buyers to defend the demand zone and drive a bullish move toward the marked upside target. Time Frame 4H.Buy!

Price has delivered a strong impulsive breakout after consolidating inside a symmetrical triangle, confirming bullish momentum and a clear shift in market structure. The breakout was backed by strong buying pressure, indicating that smart money has likely stepped into the market. Now, price is approaching a key liquidity zone where equal highs and resting buy-side

Think that the pair is on the high side, and in line with the fact that OIL may regain some strength again as well. Strategy SELL @ 1.4190-1.4230 and take profit near 1.4027 for now.

U.S. Dollar / Japanese Yen (USDJPY) Daily: Classical Elliott Wave Matrix – Mapping Wave (4) Correction Toward 158.000 Channel Floor 🇺🇸🇯🇵 U.S. Dollar / Japanese Yen (USDJPY) Daily Macro Technical Study (Ref: USDJPY_2026-07-09_08-44-48.png) We are deploying a comprehensive structural and behavioral forecast for the USDJPY currency pair on the Daily (1D) interval. The asset continues

USD/JPY USDJPYstaged a fairly aggressive recovery after plummeting to a two-week low of 160.45 during the thin liquidity of the US Independence Day holiday last weekend. This upward movement reflects the return of institutional carry trade algorithm dominance after the market realized that the Tokyo authorities chose to refrain from physical intervention during the holiday

Q3 | W28 | D6 | Y26USDCAD | SHORT BIASFRGNT DAILY CHART ANALYSIS This forecast is built using an advanced adaptation of Smart Money Concepts, with a structured and disciplined approach: This process ensures precision, removes emotional decision-making, and keeps me aligned with the overall market narrative. Core Philosophy“Capital management, discipline, and consistency create longevity.”A

Silver has experienced a reversal of its fortunes over the last 2 weeks, trading from 7-month lows hit on June 23rd at 55.589 all the way up to close on Friday, July 3rd at 62.369. Perhaps unsurprisingly this rally has coincided with the reopening of the Strait of Hormuz, which has seen oil plummet back

Silva have been ranging yesterdays rally broke through our sell base structure we had a limit order on and we just got tagged in am selling now till price arrive my target area

Gold is showing signs of a potential bullish continuation after breaking out of a short-term corrective structure. Price has recovered strongly from the recent swing low and is now retesting a key resistance area around 4,072, which has turned into a potential breakout level. The highlighted entry zone is positioned near the neckline of the

EURUSD is currently testing a short-term resistance zone around 1.1415 – 1.1420 after a strong intraday move higher. This setup is not a long-term bearish view.It is only a quick technical short idea before NFP. The idea is simple: if price rejects from the current resistance area and fails to continue higher, EURUSD could pull

EURUSD has delivered a textbook liquidity sweep into the H1 Order Block, removing sell-side liquidity before showing a strong bullish reaction. Price is now reclaiming intraday support, creating a favorable long setup with the Daily Open Liquidity (DOL) acting as the next upside magnet. As long as buyers defend the reclaimed structure, the path of

On the 1H chart, Oil is trading within a dominant descending parallel channel. After a minor consolidation near the upper boundary, the price is executing a clean breakdown below the local support level at 70.103. This breakdown officially opens the door for a high-probability run to fill the historical gap down to the 68.107 level.

Gold (XAUUSD) is currently approaching a significant support area after a sustained bearish move. Price action suggests that this zone may act as a potential demand area, where buyers could step in and initiate a bullish reversal.The analysis highlights a possible market structure shift following the previous break of structure (BOS) and liquidity sweep. If

WTI is no longer just pricing the removal of the war premium. The first stage of the selloff was clear: improved tanker flows, lower Hormuz risk and resumed supply movement reduced the need to pay an energy-risk premium. But now that WTI is near $70.70, the market is asking a second question: is lower oil

Silver Has Corrected Huge Now Its time To Go UP Somewhere 54$ WILL BE BOTTOM AND 74$ Target Expecting SILVER TO GO UP TILL 74$ JWELLERS AND BULLION PEOPLE CAN GO LONG GO GREEDY WHEN EVERYONE IS FEARFUL MAKE SILVER GREAT AGAIN TILL 74$ .

GBP/USD Daily: Tactical Reversal Candle Prompts Two High-Asymmetry Mean Reversion Trade Scenarios 🇬🇧🇺🇸 GBP/USD Daily Structural Framework (Ref: GBPUSD_2026-06-26_09-11-19.png) We are releasing a high-asymmetry tactical blueprint on the GBP/USD (Cable) on the Daily (1D) matrix. Mirroring the price action witnessed across major USD pairs, Cable is exhibiting strong signs of localized selling exhaustion at critical

Sometimes the simplest technical tools work best. Silver is testing a major horizontal support from 2025. At the same time, RSI is holding a higher low while price revisits support, creating a mild bullish divergence. This is also the third bounce from the trendline that could form the lower boundary of a potential Falling Wedge.

GBPUSD ECONOMIC DOCKETS.Core PCE m/m: 0.3% (as expected). YoY core PCE rose to 3.4% (highest since late 2023), showing sticky underlying inflation. Final Q1 GDP q/q: 2.1% (strong beat vs. 1.6% expected; upward revision from prior estimates). GDP Price Index 3.6% q/q (vs. 3.5% exp). Initial Unemployment Claims: 215K (better than 225K expected, 227K prior)

Daily and 4H remain clearly bearish (LH/LL structure since the 5,250 high). The current bounce toward the 4,040-4,053 zone is, per the Método JF, a likely mitigation of an untapped 5M OB before price resumes its bearish path toward lower liquidity. Plan: Waiting for STOP HUNT / SWEEP on the 5M OB (4,053-4,060) — BISI/CE

Price remains strongly bearish making LL on the on the 1h and 4h again so i will wait for a pullback to then look for sells lower

Here is our detailed technical review for GBPUSD. Time Frame: 4hCurrent Trend: BullishSentiment: Oversold (based on 7-period RSI)Forecast: Bullish The price is testing a key support 1.314. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.324 level. P.SWe determine

There’s a peculiar thing happening in the foreign exchange market right now. The European Central Bank raised interest rates for the first time in three years, and the euro is falling. That’s not supposed to happen. Higher rates are supposed to attract capital, support the currency, and signal confidence. The textbook says so. Investors have

Silver has been one of the cleanest HTF setups on my radar. After a massive expansion from the lows — Silver was the asset I publicly compared to USOIL before its major move — price has now distributed and broken structure to the downside. The HTF narrative has shifted from bullish to bearish. Expecting price

The British pound remains under pressure as political uncertainty in the UK collides with broad U.S. dollar strength.The resignation of Keir Starmer, concerns over future fiscal spending, and weaker-than-expected UK PMI data have all weighed on sterling. At the same time, markets continue to price in a more hawkish Federal Reserve, supporting the dollar across

Gold is constructing a localized technical recovery leg on the H1 timeframe advancing steadily within a clearly structured descending channel delivery matrix Even though the broader market flow is heavily governed by aggressive institutional sellers pushing consecutive lower lows the immediate structure is engineering a counter trend relief move to rebalance severe price inefficiencies left behind

GBPUSD extended its losses after breaking below its ascending trend line, signalling that bearish momentum is gaining traction. The pair continues to form lower swings, while the MACD remains in negative territory, reinforcing the prevailing downward bias. As long as GBPUSD stays below 1.3280, the pair may continue its decline, with a break beneath 1.3160

USDJPY REJECTION AT DOUBLE TOP | Bearish Reversal Setup USDJPY is showing strong bearish rejection on the 1-hour timeframe after forming a double top pattern near key resistance. The price has failed to sustain above the 161.668 level, confirming sellers are defending this zone. If bearish momentum continues, the pair is likely to extend toward

Current StructureTrend: Bullish.Price has broken above the previous resistance around 0.8000.RSI has cooled from overbought territory, indicating momentum is slowing but not yet bearish.Key Zone Demand/Support Area: 0.7980 – 0.8000 (your grey box)This area contains:Previous breakout level.50% retracement.Strong bullish impulse origin.Possible ScenarioPrice may continue slightly higher toward 0.8090–0.8100.A retracement into 0.7980–0.8000 is possible.If buyers defend

GBP/USD 4H – As you can see price is clearly trading us in a bearish trend, creating lower highs and lower lows throughout the market. In order for us to take part we should be looking to take this market short. When looking to take this market short we need to find a key area

GOLD | Peace Deal Uncertainty Keeps Gold Highly Volatile Gold remains highly sensitive to geopolitical developments after the expected U.S.-Iran peace agreement failed to materialize. The signing process has reportedly been delayed following the latest escalation in the region after Israeli strikes in Lebanon. As of now, Iran has not shown readiness to proceed with

EUR/USD recently came under substantial selling pressure, driving the pair into a key demand area located around 1.1490–1.1500. The aggressive downward move appears to have cleared liquidity positioned beneath prior swing lows, a behavior often associated with institutional market activity aimed at triggering stop-loss orders before a potential reversal develops. Current price action indicates that

MUFG’s Derek Halpenny says the Swiss Franc underperformed after the SNB left rates at zero, but only minor inflation forecast revisions underline expectations of persistently low Swiss inflation. The SNB reiterated its readiness to intervene against excessive strength, while MUFG sees limited upside for global yields and expects Fed, ECB and BoE rate cuts next

Here’s my technical outlook based on the current EURUSD (2H) chart structure. EURUSD previously traded inside a broad consolidation range before breaking below support, confirming a shift toward bearish momentum. Price then formed an ascending channel, but buyers failed to maintain control near the upper boundary. Currently, EURUSD is trading near the 1.1470 Buyer Zone

Market Breakdown:USOIL has just swept the Sell Side Liquidity and is now sitting perfectly on a Bullish Order Block. At the same time, we have a clear Market Structure Shift (MSS) on the lower timeframe, confirming that buyers are taking control.Buy Zone: Current Levels (Bullish OB)Reason: Sell Side Liquidity fully sweptStrong Bullish Order Block acting

Analysis:USDJPY is showing strong bullish behavior by respecting a Bullish Order Block multiple times. The pair has now returned to this demand zone while maintaining an overall bullish market structure.Key Strengths:Multiple successful bounces from the same Bullish OBClear bullish structure with higher highs & higher lowsStrong buyer interest at 160.200 level Buy Zone: 160.200 (Bullish

The interplay between a cautious BoJ and a resolutely hawkish Fed continues to underpin USDJPY on rallies, with the policy and yield backdrop still skewed in favour of the dollar even as Japan inches away from ultra‑easy settings. BoJ rate hike:The BoJ delivered a widely flagged 25 bps hike at its June meeting, pushing the

I think that WTI Crude Oil is positioned to pull backfrom a key horizontal support level. As a confirmation, I see a breakout of a resistance lineof a symmetrical triangle pattern on an hourly time frame. Goal – 82.00

EURUSD still has the potential to continue its short-term trend correction, considering the positive news regarding the de-escalation of the U.S.-Iran conflict, which could put downward pressure on the U.S. dollar and ease global oil prices—both of which have a significant impact on Europe and the EURO as it’s currency.

| Q2 | W25 | D15 | Y26 || EURUSD || FRGNT DAILY CHART ANALYSIS | POTENTIAL SHORT FAVOURITE | This forecast is built using an advanced adaptation of Smart Money Concepts, with a structured and disciplined approach: This process ensures precision, removes emotional decision-making, and keeps me aligned with the overall market narrative. Core

Market Overview GBPUSD has retraced into a key discount area after a strong impulsive expansion higher. The recent pullback appears corrective rather than structural, with price now reacting from a previously respected demand region that aligns with the lower portion of the current dealing range. The market is showing signs of absorption as sellers struggle

Market Context & Geopolitical InefficiencyFollowing the recent USA-Iran peace agreement, Gold ( XAUUSD) opened the session with a massive weekend gap-up, leaving a significant Volume Imbalance between 4,225 and 4,310. From an ICT/SMC perspective, these algorithmic inefficiencies act as a powerful magnet. Before the market delivers fair value by filling this gap, price is currently

After sweeping the monthly low on the daily timeframe and grabbing downside liquidity, WTI remains bullish. The next upside targets are $98, $102, and ultimately $112.

Based on the M30 chart analysis, we could see the price rise to our sell entry level at 0.7991, which is a pullback resistance. Our stop loss is set at 0.8006, which is a pullback resistance. Our take profit is set at 0.7970, which is an overlap support.

Gold has shown a strong recovery, bouncing from the recent low near 4,036 up to the current price of 4,089.125, marking a notable upward swing after a period of decline through the session. The immediate hurdle for bulls is the order block resistance zone sitting between 4,110 and 4,118, marked by the gray box on

XAUUSD has aggressively swept the sell-side liquidity resting beneath the recent lows around 4,175–4,205, triggering strong reactions from buyers and leading many traders to believe that a larger reversal is already underway. The problem? A liquidity sweep alone does not confirm a trend reversal. While buyers have successfully defended the discount zone, Gold remains inside

Silver is showing signs of bottoming for next 1-2 months. I expect the prices to recover between 84-90 mark and thereafter complete its last leg down all the way to 37. If anyone is caught up in long positions, it will be a good time to offload in July end and re-enter by year end.

GBPUSD is currently trading inside a key intraday structure after completing a rounded accumulation pattern from the lows. Price has respected the rising trendline and reacted from the demand zone, showing that buyers are still defending the market. However, the bullish continuation is not confirmed yet. The highlighted area remains the most important zone to

Bias: Bullish GBPUSD is showing signs of a bullish reversal after a strong rejection from the demand zone around 1.3300. Price has formed a higher low, while both RSI and MACD are printing bullish divergence on the 2H timeframe, suggesting momentum is shifting back in favor of buyers. Trade Idea – Swing LongEntry Zone: 1.3360

Silver has broken below a key support zone, signaling a shift in short-term market structure. Price is currently attempting a recovery, but the previous support area may now act as resistance.The highlighted zones are important reaction levels where traders may watch for confirmation before making decisions. A successful retest could attract selling pressure, while a

Stop!Loss team welcomes youIn this post, we’re going to talk about the near-term outlook for the EURUSDcurrency pair Potential trade setup:Entry level: 1.15259TP: 1.14383SL: 1.15597

Now that the ABCD has completed the D leg of the BAT we just caught last week. I anticipate we will see a long before we return to shorts. I based my TP on (AD) measurement of the BAT pattern; I have 2 target areas, I am aiming for .382 TP. Whether you agree or

Silver continues to trade within the broader prevailing trend, with recent price action showing signs of a corrective pullback phase. Key Level: 7080This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 7080If price remains below 7080, market structure may continue to reflect near-term downside

On 15 Mins T.F , We have a huge movement To downside , and we have a new Range Now after this massive move to Downside Between 4375.00 To 4315.00 and we have a good res @ 4375.00 so we can sell Gold from it and 4315.00 will be the best place for Buy cuz

This pair is a clear uptrend Then I’m noticing that this pair consolidates at key areas I see an engulfing candle at a key area on 4hr

Honestly this setup feels clean to me right now. Gold just swept BSL above 4,509, got rejected hard, and that Wave 4 high is done. Structure has been printing lower highs and lower lows since 4,580 — the BOS and ChoCH already confirmed the flip, and now I think we’re in Wave 5 heading straight

Macro approach: Technical approach:

Looks like I was spot on but we’ll continue to monitor this trade but we are looking at a good 1:12 risk to reward trade. If you guys want pls comment if you want me to start posting YouTube and tiktok tutorials on how I trade and look for entries.

Stop!Loss team welcomes youIn this post, we’re going to talk about the near-term outlook forSILVER Potential trade setup:Entry level: 71.66476TP: 66.70298SL: 74.28502 “Market View” – a brief analysis of trading instruments, covering the most important aspects of the FOREX market.In the comments you can type the trading instrument you’d like to analyze, and we’ll talk

The overall market bias remains bearish, with both the 4H and Daily market structures trending to the downside. Price is currently showing a strong rejection from the 4H supply/FVG area, which supports the continuation of the bearish move. As long as the current structure remains intact, the market is expected to continue lower toward the

Market activated Resistance line, avoided entry at first resistance (NYH) and took the trade at second resistance line which was more significant (LDNH), with a backup trade planned at following Resistance (NYH) in case this one hit SL, RSI overbought and oversold on GU and DXY respectively

During the previous week’s market close, gold prices ended slightly higher. However, gold remained highly volatile and faced pressure from several factors, particularly persistent U.S. inflation, which supported higher U.S. Treasury yields and a stronger U.S. dollar. As a non-yielding asset, gold tends to come under pressure when interest-bearing assets become more attractive. At the

Trump’s comments gave the market a bullish correction yesterday, but the bigger picture hasn’t changed. Back to business now — looking for shorts from higher prices.

As a discretionary trader, I base many trades off of analysis. Yes there is risk management, but no the same as the conventional mechanical strategies. In this video I go though a 0.5 RR trade, a quick scalp, utilizing a low hanging fruit objective based on ICT concepts and my own techniques.

Market OverviewGold prices are currently moving within a consolidation range after correcting from the recent peak. The more distant price levels represent areas where buyers and sellers previously reacted strongly, serving as important barriers if the market breaks out of the current range. Technical AnalysisResistance Zoneso Resistance 1: 4,560o Resistance 2: 4,580 Support Zoneso Support

After reviewing the technical structure, COT positioning, seasonality, and retail sentiment, I still maintain a bullish bias despite price approaching a significant resistance area. From a technical perspective, the market remains in a clear higher-high and higher-low structure on both the weekly and daily timeframes. Following the sharp recovery from May’s correction, buyers have regained

USDJPYTimeframe: 30min (Volume Basis)Scale: Higher Timeframe Context / Deep Volume analysis━━━━━━━━━━━━━━━━━━━━━━Market ObservationThis analysis is focusing on structural behavior, liquidity zones, Volume analysisand key areas of interest within the current range.━━━━━━━━━━━━━━━━━━━━━━Market BiasFull liquidity Map━━━━━━━━━━━━━━━━━━━━━━Bullish ReversalKey Volume Zone : 159.075 Area━━━━━━━━━━━━━━━━━━━━━━Structure Factors:

EURUSD remains bearish on the higher timeframe. Price has taken SMT at the highs and expanded to the downside, showing early signs of continuation. At current structure, we are likely forming a two-phase reaction: Consolidation or retracement phaseExpansion to the downside Price has already tapped into the higher timeframe order block and respected the bullish

WTI Oil (XTI/USD) is falling towards the pivot and could bounce towards the 1st resistance, which is a pullback resistance. Pivot: 98.70 1st Support: 92.01 1st Resistance: 108.11

The crude oil market remained range-bound during Thursday’s Asian trading session, with prices hovering around $98.90. After a nearly 5% drop in the previous trading day, market sentiment has temporarily turned cautious, as investors are reassessing the impact of a potential peace agreement between the US and Iran on the global energy supply landscape. US

EURUSD remains bearish on the 4H timeframe after a strong rejection from the higher supply zone around 1.1750–1.1780. Price continues to trade below the moving average, confirming weak bullish momentum and maintaining the overall downward structure. The pair recently formed a lower high near the marked bearish order block (OB) around 1.1650, where sellers stepped

Structural Expansion Peak: Deep Correction or the Start of a Macro Flush? Key Levels (Clean Zones): IF–THEN Scenario: Quick Scenario Path:Bearish Rejection at 4,569 -> Break of 4,548 Pivot -> Minor Relief Bounce -> Deep Expansion to 4,486 Liquidity Sweep. Trader Question:Are you looking to buy the dip at the 4,524 demand area, or are

GBP/USD Update : The British Pound remains under downside pressure after UK inflation data came in below expectations at 3% year-over-year. At the same time, broad-based US Dollar strength and ongoing risk-off sentiment continue weighing on Sterling amid political uncertainty in the UK. Personal analysis: Previously, GBP/USD failed to break above the supply zone around

Gold remains under bearish pressure while trading below the descending trendline resistance. Price is currently reacting near the 4,500 resistance zone, making this area a key decision point for the next move. Technically market remains bearish unless price decisively breaks above the descending resistance structure. The highlighted circle area is the decision zone where traders

On the daily chart, XAGUSD is undergoing a short-term volatile decline, with bears currently holding the upper hand. Traders should monitor the area around 67.07; this level serves as the potential entry point for a bullish Cypher pattern and also lies within a previous demand zone.

Possible short trade for silver The fell was more than expected so further downside might be expected. Enter: 77.0 or 76.0TP1: 76.0 (reached)TP2: 74.2TP3: 71.4SL: 78.9

XAUUSD is currently reacting inside the critical 4,500–4,520 OB + SUPPORT zone after experiencing aggressive bearish displacement from the 4,700 SELL OB region. While most traders are now turning bearish, the current structure suggests this sell-off may simply be engineered liquidity collection before a larger bullish expansion begins. After breaking below short-term structure and accelerating

EURUSD Megaphone Breakdown Signals Deeper Bearish Move EURUSD breaks below the megaphone pattern support, confirming bearish momentum on the 4H timeframe. Price is now heading toward the first target near 1.1536, while a deeper continuation could extend losses toward the 1.1425 support zone. As long as price remains below the broken structure, sellers remain in

The week on the US market was about inflation figures. As per posted data, inflation in April was standing at 0,6% m/m and 3,8% on a yearly basis. Core inflation continues to be elevated at 0,4% m/m and 2,8% y/y. Figures were just a bit higher from estimated 0,5% m/m and 0,3% m/m for core

Good Morning and welcome to todays analysis of the forex market. We will go through my watchlist of currency pairs for this week with a top down analysis to discover high level trading opportunities for the upcoming day.

Structure flipped clearly. We had a ChoCH, then a confirmed bearish BOS. What looked like accumulation between May 12–14 was actually distribution — price coiled inside a descending channel and then dumped hard on May 15. That move was clean, aggressive, and left a massive imbalance above. That gap from 4,560 to 4,607 hasn’t been

XAUUSD spent the first half of the session grinding below the Prev D Low (4682), building structure in the discount zone. BOS confirmed at the lows, followed by MSS as buyers stepped in. Then a displacement candle around 15:00 launched price from 4668 through equilibrium and straight into premium, tapping 4738 in a matter of

Shot on USDCAD. Stops have now been moved to break even following a break and close below the most recent level of structure. Aiming for the liquidity below the low! However will manage with structure

Not ideal timing. With NY sessions finishing and Asia session due to start. Will see how it plays out and manage within reason

Price has ended up breaking this 1.17800 zone upward.The bias is now bullish.Since this zone has many other previous reactions to the left,we can wait for a retracement back to this zone for a higher move up.Not financial advice.

Yesterday price pulled way deeper into a demand zone before resuming to the upsdie overnight. we have a good fvg im expecting a retest to take a buy stop below the fvg zone . My stop losses are not tight thats the way i trade

Gold is about to reach around 4730 again; you can continue selling later. Before the US session, you can buy low and sell high within the 4730-4700 range. The US Non-Farm Payroll data will be released later; I will provide more precise signals then.

By analyzing the 4H chart of GBPUSD we can see that it has been on a bullish run for a long time now, but it is yet to sweep the liquidity pools above it, first one being at 1.3657 level. GBPUSD surged after today’s open, going from 1.3547 all the way to 1.3622, going through

USDCAD going back to back with chart patterns. Last week the head and shoulders pattern, this week we have a bearish flag pattern

The market is showing a strong recovery trend with clear bullish momentum. Key technical and fundamental details include: Current Action: Gold is trading at $4,713.26, up over 0.48% for the session. The price is aggressively moving higher after a brief consolidation period during the Asian session. Supply Zone Target: A blue Supply Zone has been

EURUSD showing strong bullish momentum after multiple breakout confirmations from key resistance zones. Price recently broke above consolidation and is now reacting near the fair value gap (FVG) area around 1.1740.Current structure suggests two possible scenarios: Bullish continuation toward 1.1765 – 1.1780 resistance zone Short-term retracement toward 1.1730 support before next moveThe market is respecting

GBPUSD Trade Setup GBPUSD is showing bullish momentum on the 4H timeframe, with price approaching a key breakout level at 1.35600. A sustained move above this zone may confirm continuation to the upside. Trade Idea: Buy on breakout confirmation above 1.35600 Technical Targets:1st Target: 1.362002nd Target: 1.365003rd Target: 1.36900 Risk Management: This setup is based

USD/JPY fell toward the 156.000 area on 6 May after a sharp strengthening of the yen and broad US dollar weakness. The market is reacting to reports of progress in US-Iran negotiations, which reduced demand for the dollar and pushed oil prices lower. This is important for Japan, as expensive energy worsens the country’s trade