From our AI screener, it shows the currency Japanese yen is turning to weak side after over bought last week.
Moreover, AUD and NZD is going to strong side.
Based on Technical analysis in higher time frame we found AUDJPY and NZDJPY has a new trend to upside.
💰Here we sharing the buy limit order levels of AUDJPY for the week as shown on the chart.
💹News about Japanese Yen recently which may be one of the reason make JPY become weaker since last week.
In November 2023, the annual inflation rate in Japan fell to 2.8% from 3.3% in the previous month, which is the lowest it has been since July 2022. This was mainly due to a decrease in food prices, which rose by 7.3% compared to 8.6% in October. Additionally, the cost of transport, housing, furniture & household utensils, clothes, culture & recreation, and miscellaneous items also decreased. However, fuel and light prices fell for the 10th consecutive month, due to a decrease in electricity and gas prices. Education prices remained unchanged, while healthcare prices increased slightly. The core inflation rate also decreased to 2.5%, the lowest in 16 months, from 2.9% in October. Consumer prices fell by 0.1% on a monthly basis, the first drop since February, after a 0.7% gain in October.
Moreover, AUD and NZD is going to strong side.
Based on Technical analysis in higher time frame we found AUDJPY and NZDJPY has a new trend to upside.
💰Here we sharing the buy limit order levels of AUDJPY for the week as shown on the chart.
💹News about Japanese Yen recently which may be one of the reason make JPY become weaker since last week.
In November 2023, the annual inflation rate in Japan fell to 2.8% from 3.3% in the previous month, which is the lowest it has been since July 2022. This was mainly due to a decrease in food prices, which rose by 7.3% compared to 8.6% in October. Additionally, the cost of transport, housing, furniture & household utensils, clothes, culture & recreation, and miscellaneous items also decreased. However, fuel and light prices fell for the 10th consecutive month, due to a decrease in electricity and gas prices. Education prices remained unchanged, while healthcare prices increased slightly. The core inflation rate also decreased to 2.5%, the lowest in 16 months, from 2.9% in October. Consumer prices fell by 0.1% on a monthly basis, the first drop since February, after a 0.7% gain in October.
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t.me/strengthboosters
~2 analyses per day. With ICT setup for intraday trading
more than 100 pip per week —— Accuracy +80%