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Yen stable after BOJ decided to end negative interest rate on 19 MAR 2024. However BOJ interest rate just remove negative rate and keep rate constant at 0%. The question is, Would market rather invest dollar that offer interest rate earning at 4.75%(after deducting 0.75% since FED announced would be have 3 rate cuts in 2024) or low interest rate earning offer by...

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Silver price stand firmly above support price at 21.72, FED official mentioned would be have another three interest rate decision this year with expect of 75 basic point cut. Outflow from dollar market share start flowing to other asset class such as Silver? However, US presidential election would be held on coming NOV 2024, expect market would be choppy during...

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Based on Japan's latest unemployment rate and national inflation reports, due to improved economic outlook (National inflation rate declining). Predicted that BOJ will keep and remains negative interest rate constant until 19 March. (The next two BOJ interest rate decision day)

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Global central banks are now discussing to cut rates, indicating money flow would be focusing on non-currencies assets. (Such as stock market, cryptocurrencies, and Metals commodities) On DEC 4 last year, GOLD price reaching all time high at 2146.56. Soon would be XAG turn? Support 22 Resistance 30

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Last week's meeting, FED official decide to keep interest rate constant at 5.5%. If necessary, in order to stabilize the country's employment rate and reach FED target(2% inflation rate), believe soon to be FED will be decide to cut interest rates. Therefore, predicting money outflows from dollar trend would be continue and pushing gold price upward. Potential...

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Key Focus: (DEC 1)Powell commented that acknowledged the risks of not raising rates enough to sustainably cool inflation versus over-tightening and sending the economy into a downturn are becoming more balanced. Indicates FED would keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking. Money...

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(GBPJPY) outlook: Bullish. GJ broke AUG 23 high at 186.764 last week. However, support level 188.289 may remains fragile. Next BOJ interest rate decision: 15 DEC Next resistance -195.883 (01JUN2015 high) Next Support -188.289 -186.470

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Key Focus: US’s OCT CPI(YOY) was dropped to 3.2%, almost reaching fresh low at 3.0% even interest rate stay constant at 5.5% since July 2023. Indicating FED officials may keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking. Which believe USD’s trend would continue bearish until next inflation...

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(USDJPY) outlook: Bullish to Bearish. UJ Failed to breakout strong resistance at 151.945 after CPI data released last week. Chart existed with double top pattern, if neckline 149.133 level not able to sustain, predict UJ will have more downturn. Next BOJ interest rate decision: 15 DEC Next resistance -151.945 (21 OCT 2022 high) -160 (02 APR 1990 high) Next...

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Main Highlight: US’s OCT CPI(YOY) was dropped to 3.2%, almost reaching fresh low at 3.0% even interest rate stay constant at 5.5% since July 2023. Indicating FED officials may keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking. (EURUSD) outlook: Bullish. EURUSD got unexpected spike last...

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(USDJPY) outlook: Bullish. New support in-making if UJ break strong resistance at 151.945 (21 OCT 2022 high). BOJ continue keeping ultra loose monetary policy and keeping interest rate below 0(negative interest rate). However, Japan’s inflation rate catching up and getting higher, negative interest rate since 2016 ending soon? Next BOJ interest rate decision: 15...

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(EURUSD) outlook: Bullish. EURUSD closed above ranging market resistance at 1.06164 and reaching the peak of 1.07563 before pulling back to 1.06842. Predict EURUSD price would retest 1.07563 level before next FOMC meeting. Support: 1.06164 Next resistance: 1.07563

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(USDJPY) outlook: Bullish, UJ price surpass and close above 150 level since 3rd OCT market discussed about Japanese government may step in and involve FX intervention. On that day, USDJPY single day price movement at 286.3 pips(or 2863 points). 150 support level may remain fragile until coming FED meeting. Next resistance: 151.332

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(GOLD) outlook: Neutral, retesting 20OCT high at 1997.26. Overall sentiment keen on bullish, however, foresee short seller would shorting gold market at 2000 level. Awaiting more signal to determine upcoming trend.

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Cup and handle chart pattern appear in XAUUSD H1/H4 chart. Believe that once Gold price broke resistance level at 1933, would have more space to elevate higher. However, Biden plan to visit Israel this week to provide aid and negotiate to stop war, preventing more war impact that would influence other region. Would President Biden success and would Gold uptrend last?

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Last week on OCT 6, XMR price broke ranging market resistance that have been last for 2 months since AUG 2023. Believe XMR market would last its uptrend momentum and challenging next daily chart resistance level at 172, 187. R1- 172 R2- 187

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GBPJPY always the best pick trading pair throughout the year. However, GJ seems too high to fall. In additionally, during recent war time, predicting market would prefer storing oversold asset such as JPY for safe heaven purposes. Of course with GOLD and USD as well.

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Market seems losing interest in longing DXY since last two weeks. DXY upside momentum getting weak. Predict DXY price would be consolidate between 105.165- 106.478