🇯🇵 USDJPY In the Weekly chart, USDJPY broke the global trendline, but is retesting it. The price is consolidating at the resistance, but CCI and MFI are out of the overbought zone.

🇯🇵 USDJPY

📉 In the Weekly chart, USDJPY broke the global trendline, but is retesting it. The price is consolidating at the resistance, but CCI and MFI are out of the overbought zone. Taking into account the news about a possible rate hike in Japan and the imminent inauguration of Donald Trump, a slight decline is possible.

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WallStreetMav: The most recent data for December 2024 is out. The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.

31% of all govt revenue was consumed by interest payments on the debt. It is actually worse than that. The

S&P 500 closes 0.1% higher, Nasdaq 100 down 0.1%

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🇯🇵 USDJPY In the Weekly chart, USDJPY broke the global trendline, but is retesting it. The price is consolidating at the resistance, but CCI and MFI are out of the overbought zone.

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WallStreetMav: The most recent data for December 2024 is out. The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.

S&P 500 closes 0.1% higher, Nasdaq 100 down 0.1%