USD/JPY is likely to grow. Estimated pivot point is at a level of 105.96. Main scenario: consider long positions from corrections above the level of 105.96 with a target of 109.51 – 111.80. Alternativ
The price of gold approaches the yearly high ($1765) as the Federal Reserve’s balance sheet contracts for the first time since the outbreak of COVID-19.
<p>The CHF was the strongest of the major currencies in 2023. Now that move was led by the CHFJPY which showed a 18.20% move, but the USDCHF also moved 8.94% in favor of the CHF (USD lower). <
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