USDJPY looks nice to risk some money on, even for a sell and hold. The JPY is range bound and consolidating in an environment of mild risk aversion, with a Tuesday’s session unchanged versus the dollar, of course, waiting for Wednesday's FED decision and the upcoming round of US and China trade talks. The pair is currently >1.53% Bearish.
Learn how to beat the market as Professional Trader with an ex-insider!
Be part of an Elite Trading Group or get The Best Advice through our New Daily Market Perspective.
Eur/Usd potentially break downside on the monthly charts and Usd/JPY down.It looks like the scenario for the next financial crisis.... any update on the SP500?
wildcreamlife
⋅
@lu1977hk, Unfortunately, the perfect storm is close enough to take all your money off. About the S&P 500, see the next post. Take a look at the 200-day moving average (yellow line). Good Luck and Wish you the best!