US will release GDP growth data at 13:30 GMT on Thursday An upside surprise seems more likely than a disappointment Dollar could benefit from a beat, as Fed cut bets are unwound Dollar comes back to life The US dollar started the new year on a strong note. A series of economic indicators have reaffirmed […]
JPY came down across the board, even though BOJ decided to end its ultra-loose policy, by raising rates for 10bp in March. USDJPY is coming higher anyhow, with price breaking some very important trendline connected from 2023 highs. It can even represent part of a bullish triangle which is finished now, so USDJPY has room […]
The post Elliott Wave Analysis on USD/JPY: Correction Within Uptrend appeared first on Action Forex.
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