USDX
104.220

0.28%

XAUUSD
1815.10

0.18%

WTI
109.262

0.90%

EURUSD
1.04339

0.20%

GBPUSD
1.22520

0.08%

USDJPY
129.082

0.10%

USNDAQ100
12386.17

0.16%

Global Markets

Home
News

Financial News Latest Analysis

Turkey Witnesses Bitcoin Frenzy Amid Economic Turmoil

Cryptocurrency ownership is soaring in Turkey as high inflation and a weak lira prompt Turks to seek ways to preserve the value of their savings. Concerns rise about a fast-growing industry and legislation is overdue.

Skepticism About Sudanese Military's Calls for Dialogue

Analysts believe the recent call by Sudan's military leaders for a dialogue to overcome the ongoing political crisis will not lead to any results.

After Reopening, Thailand's Battered Tourism Struggles to Rebuild

Authorities hope 5 to 15 million visitors will visit the country this year, down from 40 million before the pandemic.

China's Economy Cools Down Significantly. Will the CNY Continue to Depreciate?

Under the impact of the pandemic, China's economy cooled down significantly in April, with downward pressure on the economy coming to the fore and the CNY exchange rate continuing to depreciate, but the economy is also expected to improve with the better conditions of the pandemic and policy stimul

PENDING

WTI: Several Indicators Are Driving Oil Prices Higher

PENDING

XAUUSD: Prices Could Enter Medium-Term Recovery Phase After Sharp Sell-Off

PENDING

GBPUSD: GBP Has Been Fluctuating Downward, Recommended to Buy Low and Sell High

TRADING

EURUSD: Here Comes EUR Weakness as It Falls Back after a Rise

Sections
7x24
Calendar
Market

Video

Trading Academy

Latest update

What is a Trend

Technical traders believe the market moves in trends. Dow theory divides trends into three categories - primary trend, secondary trend, and minor trend.

Interest Rate (2)

The International Fisher Effect can be used in predicting the future trend of the exchange rate, providing a higher win rate for forex traders.

Forex Option Trading Strategy

Options combo strategies in forex trading, such as call options + spots, put options + options, and options + options. How do these strategies help investors reduce risks and increase returns?

Forex Option

In the forex market, traders use options trading to curb the risks associated with exchange rates. Forex options give investors the choice to trade the forex market at a particular time in the future.

Data

Data Warehouse Market Trend Institutional Data Policy Rates Macro

Market Trend

Speculative Sentiment Orders and Positions Asset Correlation

Popular indicators

Pro

AnalyzeTrading Strategy

Recommended Strategies

Recent Searches
    Trending Searches
      Market
      7x24

      View all

      Data Temporarily Unavailable

      Quick Access to Market News Real-Time Quotes Full Access to Pro Video Channel Full Access to Economic Indicators Member-only Database
      Register for Free Membership
      Login/Subscribe Now
      Membership expiration:
      English
      • English
      • 繁體中文

      Login

      Sign up

      FastBull user

      • My Favorites
      • Following
      • My subscription
      • Personal info
      • Member center
      • Account settings
      • Sign out
      Reminder settings
      • Economic Calendar
      • Market quotes

      Reminders Temporarily Unavailable

      Feedback
      0 /250
      • Attach an Image
      • Attach an Image
      • Attach an Image
      • Attach an Image
      0/4
      Contact Information (optional)
      Submit
      Join now
      I have a redeem code

      How to get a redeem code?

      1. Choose a provider for a redeem code

      Rules for using redeem codes:

      1.The activated redeem code cannot be used again

      2. Your redeem code becomes invalid if it has expired

      Redeem

      Fastbull Membership privileges

      Quick Access to AI News

      Quick Access to Editor-selected News

      Full Access to Pro Video Channel

      FastBull project team is dedicated to create exclusive videos

      Real-Time Quotes

      Market quotes in the free version update every 3 seconds. Market quotes in the paid version update in real-time.

      More comprehensive macro data and economic indicators

      Members have access to entire historical data, guests can only view the last 4 years

      Member-only Database

      Comprehensive forex, commodity, and equity market data

      Share
      Upgrade to FastBull Pro
      Member benefits
      Share Upgrade to FastBull Pro

      Share FastBull · Get a free 30 days membership

      When the user you invited has completed their first log-in, you will get a 30-day free membership
      Share this link and get your membership
      Copy

      Email

      FaceBook

      Twittter

      Scan QR code with mobile phone

      Upgrade to FastBull Pro

      《Membership Service Agreement》

      USDJPY: It Is Recommended to Long as the Price Has Risen above 130

      Summary:

      USDJPY broke above the 130 mark in one shot. The next target will be aimed at 135.

      Buy USDJPY CLOSED
      EXP

      130.192

      ENTRY PRICE

      135.000

      TGT PRICE

      126.800

      SL PRICE

      129.082 -0.124 -0.10%

      97

      Points

      Profit

      126.800

      SL PRICE

      TARGET UNREACHED

      130.289

      CLOSING PRICE

      130.192

      ENTRY PRICE

      135.000

      TGT PRICE

      Fundamentals

      On Thursday, the Bank of Japan announced its interest rate resolution that it would keep interest rates unchanged and continue its massive stimulus measures. It also pledged to continue buying unlimited amounts of 10-year government bonds to defend the 0.25% implicit ceiling. That demonstrated its determination to focus on supporting the fragile economy.
      In addition, Japanese Prime Minister Fumio Kishida also previously urged the central bank to maintain its ultra-loose monetary policy, brushing aside the idea of hiking interest rates to prevent further declines in the yen. The Bank of Japan could not change its policy until inflation stabilizes above the 2% target level, which is diametrically opposed to the U.S. Federal Reserve's (Fed) monetary policy tightening. USDJPY broke the 130 mark in one stroke and will aim for 135 as the next target.

      Technical Analysis

      USDJPY: It Is Recommended to Long as the Price Has Risen above 130_1
      In the 4H chart, USDJPY surged strongly to higher levels after the correction at highs. After the Bank of Japan's resolution, USDJPY broke above the 130 level in one shot, but the price now pulls back slightly. Meanwhile, the RSI indicator shows strong ascending momentum. Therefore, the market could usher in a new wave of surge with accumulating energy in the coming sessions.
      It is recommended to go long with small positions after the price breaks above the 130 level, with the target near the 135 mark.
      Support Levels: 129.0/127.0
      Resistance Levels: 132.0/135.0
      Risk Warnings and Investment Disclaimers
      You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or strategy, or any other product is suitable for you based on your investment objectives and financial situation.

      Quick Access to AI News

      Quick Access to Editor-selected News

      Full Access to Pro Video Channel

      FastBull project team is dedicated to create exclusive videos

      Real-Time Quotes

      Market quotes in the free version update every 3 seconds. Market quotes in the paid version update in real-time.

      More comprehensive macro data and economic indicators

      Members have access to entire historical data, guests can only view the last 4 years

      Member-only Database

      Comprehensive forex, commodity, and equity market data

      Winkelmann

      analyst

      7 years of stock market, foreign exchange, precious metal and other trading and analysis experience, based on fundamental, technical support, biased towards the top-down transaction logic, focusing on macro cycle and risk control, multi-purpose supply and demand theoretical prediction price Changes, balances the impact of transactions, chips distribution and market sentiment, and steady.

      Rank

      2

      Articles

      108

      Win Rate

      68.42%

      P/L Ratio

      3.91

      Most Traded Assets

      AUDUSD、USDJPY、NZDUSD

      Related Analysis

      AUDUSD: AUD is Affected by the Declining Commodity Prices

      TRADING

      USDJPY: High Possibility of Short-term Pullback as Safe-Haven JPY Returns

      CLOSED -361 Points

      EURJPY: Falling from Highs, the Short-Term Pullback Continues

      CLOSED +978 Points

      NZDUSD: Bears Dominate the Market, Room to Fall in the Short Term

      EXPIRED

      XAUUSD: Overall Trend is Bearish with a Possible Rebound in the Short Term

      CLOSED +404 Points
      FastBull
      TelegramInstagramTwitterApp StoreApp StoreApp StoreGoogle Play

      Copyright @Fastbull Ltd

      Home News Sections AI News Economic Calendar Market Video Data WarehouseFastBull Pro User Agreement Privacy Policy About Us

      Risk Disclosure

      The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

      No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.

      Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.