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Trader Journals:::2025-06-30T10:20:19

USD/JPY

Technical analysis D-1 Chart

USD/JPY

Hello, colleague! It turns out that we waited longer for the decline in USD/JPY, and it happened somehow very sparklingly. What is happening now on the daily chart according to the wave technique for this instrument? MA100 is pulling for a decline at a fairly specific trend angle of twenty degrees. Therefore, the mood on the pair, no matter how you twist it, remains very much sell-off. The MA18 indicator is very impressively turned in favor of a decline—apparently, during the day it catches the fluids of specific bears. And it is currently pulling the tape down at a trend angle of thirty degrees. And the candles continue to form above this tape. That is, let's say it straight—so far nothing is clear at all—where we will go, how far we will go. The Ichimoku cloud is currently painted in sell-off colors. It looks completely unworkable—the histogram is barely flickering on the side of the clubfooted ones. And it is not surprising that in the prognostic perspective, Kumo is already switching to the bulls' side and is actively starting to pump this body. Basement indicator bundles all unanimously depict a flat. Most likely, we will remain in the flat for now; we will go north back to the known resistance of 145.60. since the forces are still quite equal. The pair is now slightly below the opening point at 144.187, and further direction of movement depends heavily on the ability of the Bank of Japan to keep the pair from sliding into decline. The dollar continues to weaken, and, consequently, the yen becomes more expensive.
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