USD/JPY, Technical Analysis – H1
The upside potential remains intact, although the market often struggles to sustain such intense and rapid trends.
The upside potential remains intact, although the market often struggles to sustain such intense and rapid trends.
The pair is clearly forming an upward reversal from the 1.3200 level.
Gold continued its decline as expected and remains challenged by the absence of solid supports.
The bearish trend continues to exhibit strong and pronounced momentum, leaving bulls with no meaningful opportunities for correction.
Current market dynamics are being shaped by two opposing forces — miner stress on one side and sustained corporate demand for digital assets on the
The abrupt cancellation of the diplomatic meeting between the United States and Iran has upended short-term supply expectations.
Bitcoin is currently testing a strong inclined support zone around $63,500 — a critical level for the asset.
The key question on everyone’s mind is: where is the bottom for oil?
Gold aggressively closed the gap in the $4,220 area with a powerful two-hour swing yesterday. However, bears have retained strong momentum.
The US dollar strengthened against the Japanese yen following the Federal Reserve’s press conference and decision to maintain interest rates at current levels.
The euro weakened sharply against the US dollar after the Federal Reserve decided to keep interest rates unchanged (despite widespread expectations that this outcome was already priced in).
Bitcoin is trading heavily at $63,698, searching for a bottom after slipping below key psychological support bands over the week.
Brent crude settled lower, hovering tightly around $77.30 per barrel, down roughly 2.4% on the week as the market undergoes a violent structural pivot from immediate supply panic to long-term demand destruction.
There are two key bearish prerequisites: an unfilled gap around $4,220 and a confirmed short signal formed at the $4,340 level.
Bears successfully defended the local low, thereby preserving the ascending corrective structure.