currencyplay

mikeycollins mikeycollins USDJPY, 60, Short ,
USDJPY: USDJPY, RISK OFF
47 0 0
USDJPY, 60 Short
USDJPY, RISK OFF

Next 1-2 days Yen is range bound and near the top of its range. Sentiment has soured with poor start to earnings, with rate hikes and uncertainty over US president to add to market jitters. JPY set to appreciate as a risk off/safe haven play, whilst good news (Kuroda comments about further easing) already digested in the price. 2:1 risk payoff

outlookviews outlookviews USDJPY, M, Long ,
USDJPY: USDJPY SHOULD MOVE UP SOON
52 1 0
USDJPY, M Long
USDJPY SHOULD MOVE UP SOON

USDJPY currently trading near the range of 106 levels. We look to take a buy call in this currency from current levels, keeping 104 below as sl. We expect a target of 117.90 as per the charts.

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