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USD/JPYFollowing a 126-point surge driven by strong U.S. labor market data, which pushed the quote above the balance indicator line, the pair closed below this line on Friday. Today began with a solid strengthening of the Japanese currency. This suggests that investors are once again focusing more on domestic policy factors. Japan is preparing retaliatory measures against the new 35% tariffs on Japanese goods announced by Trump, and the Bank of Japan may delay its next interest rate hike. For now, investors continue to view the yen as a safe-haven asset.A break below the target support level of 143.77 would open the path toward the 142.13–142.40 target range.
The signal line of the Marlin oscillator turned downward from the neutral zero line on Thursday. However, even a move toward the target range would not yet indicate a full trend reversal. For that, the price would need to fall below the MACD line at 141.40. This may explain why the price remains relatively free within a broad range of nearly six figures.On the four-hour chart, the price has returned below the MACD line after briefly making a false breakout above it on July 3. The Marlin oscillator is visually set to enter negative territory even before the price tests the 143.77 support. This signals that the oscillator is providing leading confirmation, indicating a short-term downward trend.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Given that the eagle indicator is showing potential for a possible recovery for the euro, we will look for buying opportunities whenever the euro pulls back and trades above 1.1596
If Bitcoin makes a technical correction toward the support at 118,750 or the secondary uptrend channel around 118,200 in the coming hours, this will be seen as a buying opportunity
Conversely, if gold falls below 3,320 and breaks the uptrend channel, we could expect a trend reversal, and it may reach the 4/8 Murray line at 3,281, eventually reaching
XAU/USD – Friday, July 18, 2025. The potential for XAU/USD to weaken continues, as reflected in The EMA (50) is below the EMA (200) and the RSI (14)
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