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Elliot_Myers Elliot_Myers PRO USDJPY, 60, Long ,
USDJPY: Will Kuroda Sink The Yen in his speech in a few hours?
41 0 2
USDJPY, 60 Long
Will Kuroda Sink The Yen in his speech in a few hours?

USD/JPY opened higher than the Friday close to a small retracement in it's initial hour and price is now trying to push high (hourly view) with a wick formed above today's open on the next candle. Markets could be primed for the Bank of Japan Chief Kuroda who is due to speak in the early hours of Monday and as per recent speeches he will likely be seeking to ...

Elliot_Myers Elliot_Myers PRO GBPUSD, 240, Long ,
GBPUSD: GBPUSD Wedge formation broken + pay rolls = buy?
37 0 4
GBPUSD, 240 Long
GBPUSD Wedge formation broken + pay rolls = buy?

As can be seen price has broken out of the wedge formation. What usually happens now is a deep retracement back into the wedge and a spike back out continuing the upwards trend towards a re-test of previous highs. The farms rolls tomorrow are historically the worst and this should give a perfect opportunity for bulls to carry price higher. See below for a double ...

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