Is it good time to sell the ninja now. USDJPY is welcoming 110.00. After has gone so far towards the upper world, now the ninja felt unmotivated to get more higher.
The sign was there.
This will be the last time for the ninja greeting the 110.00 back before the price going to the upper side. The uptrend is now and this will be the turning point for USDJPY.
Tips...
USD/CHF- SELL,
Talking points,
Technicals:
One and a half year high this past wensday. you can see the reversal patterns. Weekly divergence on weekly chart gives me the final check for a Short. Also closed the week under Recistance area
Fundamentals:
Thanksgiving US Holiday (Thursday & Friday), Liquidity.
Sentimental:
Retail FX traders are...
Here on the Euro I am expecting a huge bullish increase throughout this first MONTH of the year there may be an intense pull back to trap the incoming and the year end sellers but for the overall directional bias on the Euro Usd I see gains for the Euro over the dollar.
