AvaTrade Official

2023-04-05 13:43:31 TOP 5 CURRENCY PAIR ANALYSIS:

PART : USD/JPY

The USD/JPY pair hit a 32-year low of 150 in October 2022, largely due to Japan's trade deficit and the Bank of Japan's dovish stance.

However, J.P. Morgan Research expects the yen to strengthen in 2023. The U.S. recession risk and the decline in long-end U.S. yields could cause a lower repricing of the USD/JPY pair. The BoJ surprised the market by relaxing its yield curve control policy in December, allowing 10-year Japanese yields to climb to 0.5 percent.

This move strengthened the yen against the dollar. According to J.P. Morgan Research, a further relaxation of YCC later this year and other tweaks, such as a revision of the central bank's core CPI forecasts, could support the yen.

They expect the USD/JPY pair to trade at 128 by December 2023, indicating a bearish trend for the currency pair.

Contact @AvatradeGo_Support for any queries. Open / Comment

2023-04-05 13:00:03 USDJPY SELL
PRICE 131.651 - 132.015
SL : 132.203
TP 1 : 131.466
TP 2 : 131.273 Open / Comment

2023-04-05 12:50:41 Gold has broken through $2000 and is on its way to an all time high.

Prices have risen 12% in the last month and 25% since November. Open / Comment

2023-04-05 12:50:40 What nuggets can we glean from the UBS AGM later today?

Also, watch ADP ahead of Friday's NFP data. Open / Comment

2023-04-05 12:37:11 Losing trades are part of this game. You have to be ok with it.

The most important thing is to manage your risk and always stay true to your entry model.

This is how we make money on the VIP group

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https://t.me/AvatradeGo_Support Open / Comment

2023-04-05 09:20:03 ​​The key economic events calendar for Wednesday 5 April (GMT+3)

Holiday
09:00 Factory Orders
10:15 Services PMI
10:45 Services PMI
10:50 Services PMI
10:55 Services PMI
11:00 S&P Global Composite PMI, Services PMI
11:30 Composite PMI, Services PMI
12:15 MPC Member Tenreyro Speaks
15:15 ADP Nonfarm Employment Change
15:30 Exports/Imports, Trade Balance
15:30 Trade Balance
16:45 S&P Global Composite PMI, Services PMI
17:00 ISM Non-Manufacturing Employment
17:00 ISM Non-Manufacturing PMI
17:30 Crude Oil Inventories
17:30 Cushing Crude Oil Inventories

#EconomicCalendar Open / Comment

2023-04-05 09:03:27 EURNZD BUY
PRICE 1.72627
SET SL 1.72362 Open / Comment

2023-04-05 03:04:49 DAILY NEWS ALERT Open / Comment

2023-04-05 02:43:28 Join us today, stop missing out and start growing your account with us!


https://t.me/AvatradeGo_support Open / Comment

2023-04-04 21:01:11 Another green day for the VIP team!

We keep banking day after day and you’re still here just watching us do it… SMH
Open / Comment