Since you are interested in the weekly forex deal, here is the #Weekly_Deal potential based on the current technical and fundamental analysis (as of May 10, 2025):
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#Weekly_Deal: Sell USD/JPY pair
Analysis:
Technical: The pair is in a strong resistance area at 156.50 - 157.00, and signs of overbought conditions are starting to show on the RSI and Stochastic indicators.
Fundamental: There is pressure on the US dollar due to expectations of interest rate cuts by the Federal Reserve, while the yen is supported by verbal and expected interventions from the Bank of Japan.
Entry (Sell): 156.80
First Target: 154.50
Second Target: 153.00
Stop Loss: 157.60
