Global recession for war crisis. At that time 2% inflation is not bad whereas US Inflation Rate is at 9.06%, compared to 8.58% last month and 5.39% last year. url .

BOE Gov. Bailey: Risks around MPC forecasts are exceptionally large

I think, limited sell end. 50 bps rate hike and 2 % inflation target is not bad. I expect the market will rebound.

Pound Slides as BOE’s Recession Warning Seen Limiting Rate Hikes

I think, limited sell end. 50 bps rate hike and 2 % inflation target is not bad. I expect the market will rebound.

BOE Gov. Bailey: Risks around MPC forecasts are exceptionally large

May be 50 bps rate hike for August

Pound to Weaken Whether BOE Hike Is Big or Small, Analysts Say

I prefer long position trade cycle

US Services PMI at 56.7%; July 2022 Services ISM Report On Business

I use a combination of Indicator RSI, MACD, Awesome OSC, Stochastic Mainly and with 20, 50, 100, 200 SMA, Fibonacci Retracement

US Services PMI at 56.7%; July 2022 Services ISM Report On Business

Only story. Where is the action?

Fed's Barkin: Fed is committed to getting inflation under control

RSI daily bearish cycle is completed at 130.400, Weekly bearish cycle is running (last Two consecutive weekly candles is down and 3rd is running), the Last Monthly candle is down and 2nd is running). All Trend line slightly head down. FED is not ...

US Services PMI at 56.7%; July 2022 Services ISM Report On Business

USD/JPY rises for sell correction (end at 130.400). After correcting it, I think from 134.500-135, it will start a new journey again.

US Services PMI at 56.7%; July 2022 Services ISM Report On Business

High inflation, Two consecutive GDP down, Overall yearly GDP down, CPI down but PMI rises. Amazing! I think it is the manipulation of data to rise USD. It will correct soon.

US Services PMI at 56.7%; July 2022 Services ISM Report On Business

FED is not raising 100 bps. Yesterday FED Evan, Mester was dovish, on the hand, FED Bullard was the hawkish tone. I think limited buy end and USD/JPY will reverse movement from 134-134.500 resistance zone.

Japanese Yen Outlook: Will USD/JPY, AUD/JPY Fall as Retail Traders Go Long?

EVANS: 50 BPS AT SEPT MEETING REASONABLE, 25 BPS HIKES AFTER SEPT Limited buy end and could possible sell USD/JPY to 130

Evans: 50 bps at Sept meeting reasonable, but 75bps could be ok

The US is in high inflation. If the FED rate is not hiked to 100 bps, the strong resitance zone (134.500-135) will not break and it will complete RSI weekly bearish cycle to 126.362. On the other hand, JPY will increase its strength slowly from time ...

USD/JPY clean through 131

But we have some experience with distances and sequence of directions, characteristics of patterns from BTC/USD

USD/JPY clean through 131

RSI Daily bearish cycle is complete at 130.500. Now we will see some bullish movement to the (134.500-135) price zone and then weekly bearish cycle will complete to 126.362 and maybe extend to 114

USD/JPY clean through 131

100 bps is required to bull otherwise USD/JPY will hold classical bearish until the complete RSI weekly bearish cycle.

US Manufacturing PMI at 52.8%; July 2022 Manufacturing ISM Report On Business

Hmmm, Right

Personal Income and Outlays, June 2022

Limited buy end. USD lost its strength due to high inflation. USD/JPY will reverse, i think from 134.50 and daily bearish cycle will complete.

Personal Income and Outlays, June 2022

Remember, all series of the inherent story are valid the chart

USDJPY: 133.87 -0.3% - Clean through

See the RSI and MACD, the daily candle still bearish, and head down vertically, We are seeing its placement USD/JPY 131 and GBP/JPY 160 price

USDJPY: 133.87 -0.3% - Clean through