NIFTY 50 has completed its 5th wave, reaching a peak at 20,686. Analysts anticipate a gradual decline, projecting a potential fall to 18,800 by month-end. Investors should monitor market trends closely during this period.
USDJPY potentially targets 147.50 before a possible retreat to 143. Short-term bullish momentum, followed by a corrective move, suggests a dynamic market scenario. Traders should monitor key support and resistance levels for precise entry and exit points.
The JPY/USD currency pair is currently trading at .0067516. There is a potential downward movement anticipated, with a projected support level around .0067004. Following this, a bullish trend is expected, with a potential upward target of .0067837. Traders should monitor the pair closely for confirmation of these levels and adjust their strategies accordingly....