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Eren_Jaeger_Trader
Mar 26, 2019 11:19 PM

USDJPY 1:3 Risk Reward SHORT Short

U.S. Dollar/Japanese YenFXCM

Description

USD
- Quant Scores shifted against USD by 10 points which suggests more weakness to come next month
- Building permits and housing starts much less than forecast which can affect many other factors of growth such as jobs, lending and business confidence
- Consumer Confidence heavily lower than forecast suggesting the US consumers are less confident in the outlook, this can mean consumers keep their pockets tight and don't spend as much in the economy
- Manufacturing index also missing forecast showing that majority of US scheduled data pessimistic on the economy
Comments
KING_ADAMS
I can confirm this with my EURUSD analysis and from the EURUSD analysis, I can show you why I agree with you
Eren_Jaeger_Trader
@adamsERC55555, appreciate the insights adam! ill check it out
KING_ADAMS
@mattycheung, Thank you and I hope you'll find it compelling. Please keep me updated once you've seen my idea on EURUSD.
sifneosFX
I've got a sell position as well...
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