US Oil Ushers Strong Buying-lowest forex commission

Concerns In Imminent War, US Oil Ushers Strong Buying

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US 5Y Bonds Yield Once Reached 1.701%, USDJPY In Great Momentum
【Strategy】
Investors are recommended to consider short-term Long around 115.300, Take-Profit at 115.630, Stop-Loss by 115.220.
【NEWS】
After Fed Chairman, J.Powell, delivered the hawkish speech, the 5Y  U.S. Treasury bond yield once climbed to 1.701%, the highest level since December 2019. The market forecast the likelihood of Fed attempt to raise interest rates by five times in 2022 increased significantly. Boosted the strong growth in USDJPY. Deutsche Bank economists expect the Fed to raise interest rates five times this year, and BNP Paribas even expects the Fed would raise interest rates by six times in 2022. As the market expects Fed will immediately shrink its balance sheet after raising interest rates, led USDJPY gone volatile.
【Technical】
In 4Hrs range, (5,10,20)Tri-MAs went upward. Candlestick stood on top of 30MA. KD consolidates on high ground. MACD in positive volume with DIFF & DEA consolidating. Bollinger Median Band holds support, therefore, would forecast USDJPY is in great condition to sway apt Long trend, and would suggest Investors to consider Bargain-Hunt for short-term Long position as sinking to relative low for the best possible interest.
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