colinsheen
Long

USDJPY Long for C wave

FX:USDJPY   U.S. Dollar / Japanese Yen
88 0 9
Technically the pair broken above a large expanding ending diagonal , at the same time breaks out of a triangle B wave of a minor degree, both are bullish signs.

Fundamentally, FOMC minutes showed most members sees a June rate hike is "appropriate" which is USD bullish , last Friday's Yellen speech is bullish also as she talked up the USD (she is usually a dove), also Japan PM Abe             delayed sales tax hike which is JPY bearish (possibly a downgrade or negative outlook by rating agencies)

Now all we have to do is wait for a entry for your strategy.

Quiet Monday as both US and UK are in holiday, but tons of T1 data coming up for this week, i'm more inclined to a buy dip for this pair.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out