FXSayWhat

Week 1/17 - 1/25 Oil Oil Oil

FX:USDJPY   U.S. Dollar/Japanese Yen
182 2 2
$USDJPY             116.50 holding while Crude Oil             breaks bellow 30 dollars per barrel. How far would oil             go? How far would dollar go? Will 116.50 held back in August in 2015 finally be holding the USDJPY             week as oil             continue making new lows??
Trade active:
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Entry on the 117.70
Comment: USDJPY rally through 118.00.
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Comment: As oil found its ground above the 30.00 level.
Comment:
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Comment:
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$USDJPY Stay Beyond the 185.50 level while heading into Jan. FOMC
Oil is on 32.00 This morning
Comment: Correction: 118.50*
Comment: Let's see if $USDJPY be able to land above the 118.50 level after the FOMC today.
Comment: 118.50 was able to hold through the FOMC and Asian section today.
Price makes another run up toward 119.00 level in London section.
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Comment: USDJPY breaks above the 121.00 level after BOJ show "Delayed 2% goal w/ negative interest". Dovish for Yen.
On the other hand we have Oil remain above $30 mark, $33
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Comment: USD NFP and Unemployment Rate comes out by the end of this week.
Where are we heading towards???
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Comment: Oil down again to 30, and the latest news support oil price isn't going up anytime soon.
$USDJPY retreat to the 120.00 level or the 50% level (from last week's rally).
If wave 5 be able to finish on the 120.00 level, I'd like to wait for a good rebound off this level.
On the other hand, NFP is due in 48 hours.
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Trade closed manually: Last line of defense failed to hold at 119.50 level. Position closed.
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Comment: NFP release in less than 3 hours. Let's see if the 116.00 will hold or not.
https://charts.mql5.com/10/112/usdjpy-h4-metaquotes-software-corp-2.png
Comment:
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All previous gain through BOJ press conference gain was lost.
https://charts.mql5.com/10/108/usdjpy-h4-metaquotes-software-corp.png
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USD break below 116.50 as CPI showed in negative zone while oil well below 30.00 level.
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