Less than a month ago, the rate was above 161 yen per US dollar. This week, it dropped below 142.5 yen (approximately -12%). The strengthening of the Japanese yen was driven by actions from the Bank of Japan and financial authorities: → Intervention to support the yen in mid-July; → An interest rate hike last […]
S&P 500 rising strongly Likely to rise to resistance level 5000.00 S&P 500 index rising strongly after the price broke above the resistance level 4800.00 (which stopped the previous impulse waves 1 and i, as can be seen below). The breakout of the resistance level 4800.00 accelerated the active minor impulse wave 3 of the […]
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