USD/JPY Jumps Up on Japan Election Results | LTC Dips

USDJPY Analysis Japan Election Results: In Forex news, the USD/JPY pair opened Monday’s Asian session with a jump to 113.86 as Japan’s Prime Minister Shinzo Abe won a commanding majority for his party in parliamentary elections on Sunday. 

In cryptocurrency news, Litecoin price has dipped below major counterparts.

P.S. We have a brand-new signal on USD/CAD. Check it out.

USDJPY Analysis Upon Japan Election Results

The pair has remained above the daily Ichimoku cloud for a month. While we could see a pullback on the jump in the early hours, if USD/JPY’s bullish sentiment continues, we could see a revisit of the 114.29 resistance level during today’s trading hours. The future cloud has turned bullish.

USDJPY Analysis Japan Election Results – Ichimoku Daily Setup

Final election results will be delayed until later on Monday because a typhoon that hit Japan on Sunday prevented votes from being counted in 12 precincts. But with the majority of votes counted, the Liberal Democrats and their coalition partner had won enough seats to reach the two-thirds mark.

Learn about Ichimoku Trading

LTC Dips Below Key Support Level Versus BTC, USD, EUR

Litecoin price has broken below the daily Ichimoku cloud, testing the 56.93 pivot level as traded versus the USD. The pivot level falls on the 38% Fibonacci retracement level, which retraces Litecoin’s long uptrend between April to September this year.

LTCUSD below Ichimoku Cloud – Daily Time Frame

After reaching the all-time high level of 98.18, LTC/USD dipped down to 33.68 in a matter of two weeks in September.

With the recent break below the  Ichimoku cloud on the daily setup, we could expect another visit of the key support level of 46.78 in the coming months.

Free MasterClass: 3 Secrets to Making Your Money Work for You

The pair’s drops this time-around could also partially be attributed to the USD strength across major counterparts. However, Litecoin’s price has also weakened against other currencies including EUR and Bitcoin.

Versus BTC, LTC has broken below the key support level of 0.0099, indicating further potential drops towards the 61% Fibonacci retracement level of 0.0070. This comes after a growing number of miners moving away from Bitcoin Cash and instead, mining Litecoin beginning of October. However, the explosion of Bitcoin above and beyond $6,000 might have made them change their minds.

On the Economic Calendar …

We have a fairly light economic calendar today, with Euro-Zone Consumer Confidence being the only medium-risk event of the day, being released at 2 PM GMT.

 Looking for Strategies on Forex, Stocks, ETFs and CryptoCurrencies? Join Premium Investing Group

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

Read More »

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.

Read More »

Is Alphabet’s (GOOGL) About To Take the Lead In AI? Google’s Gemini 3.0 – And Berkshire Hathaway’s Surprise Bet – Could Be The Catalyst Wall Street Isn’t Ready For

After spending much of 2023 and early 2024 trying to shake off the “AI laggard” label, Alphabet (GOOGL) now looks closer than ever to taking the lead in artificial intelligence.

The company has pulled off one of the biggest turnarounds in tech – moving from being doubted to being viewed as a frontrunner for the next decade of AI.

Read More »

CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

Read More »

Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

Read More »

Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

Read More »