EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔼 XAU 🔽 WTI 🔽 Early this morning, the collection of Japan’s economic data indicated a contraction, its GDP has decreased by 0.3% in the quarter, against estimates for a 0.3% increase. As such, USD/JPY added over 100 pips to 139.88, currently at 140.28. USD/CAD also slightly recovered to 1.3311. Meanwhile, EUR/USD...
BUY on Close above 170.760 BUY TARGET 1=171.150 TARGET 2=171.580 SELL on Close below 170.320 SELL TARGET 1=169.880 TARGET 2=169.270
There are two bullish scenarios for The dollar yen breaking the trend line and going up and reversing to the zone and going up! But there is absolutely a bearish potential move for the pair too! Strong supply zone is around the the top up there. I'll put both sell and buy orders around the zones.
The G20 is made up of the world's 19 largest economies, represented by the finance ministers and heads of central banks, plus the European Union, represented by the European Central Bank and the rotating presidency of the European Council. This graph shows the inflation of these countries month over month (MoM). Source: tradingeconomics.com
BUY on Close above 169.370 BUY TARGET 1=169..870 TARGET 2=170.150 SELL on Close below 168.820 SELL TARGET 1=168.450 TARGET 2=168.220
This update is a day trade update with a target expected for Jasmy. As the chart shows its possible that we are going to hit the coming time this target as the first Target For more details about JASMY check this update:
A long sell on EURJPY expected this coming week lets hope momentum on JPY stays and this might lead us to a bullish trend line taking us straight into profits with a big bunch of PIPS in our name i personally think tis will be a steady road for us sellers no bearish or anything funny to expect
Hey traders, as the monetary policy in the US remains aggressive we still see a possibility of continuation to the upsides on USDJPY unless fed becomes Dovish but it's still not going to happen as inflation in the US is still an issue and the main focus for the US is to control inflation, so what we can expect? more rate hikes, more USD bulls and potentially a...
Hello trader comunity! We are seeing that the markets want to change their trend. More especifically the people thats is behind the computers wants to make gtains after two trimesters in loss. In the other hand, the DXY is fatally crushing after reach the level of 114 and we are seeing lower highs as the index cling to supports. The pair USDJPY after reach the...
I see an "Ascending Triangle" on this daily chart, PLUS given the recent economic news in regards to the Bank of Japan. I am long this pair. I actually just started an FTMO challenge today, this is a trade I have taken in the account. I will keep you posted on the challenge. 1% Risk | 2:1 RR
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔼 XAU 🔽 WTI 🔽 British Prime Minister Liz Truss has resigned from her post, after mounting political and economic pressure. GBP/USD peaked at 1.1332 and last traded at 1.1233, domestic retail sales and services PMI data will be available later this afternoon. Meanwhile, the euro retreated from a high of 0.9845 to...
The Japanese yen has lost almost a fifth of its value against the USD this year, lifting the price of imports and contributing to an eight-year high in the growth of Japan’s core CPI. Similar situation with EURO and GBP. Could this be time for a global backlash against the Fed? Possibly yes, as Masato Kanda, Japan’s leading currency official, said on that Tokyo...
Comparision of "NIKKEI in USD dollars" to "SPX". I am publishing the same for all (please see my other analysis): Germany, UK, France, Italy, Japan... I ignore all the fundamentals and just make technical analysis . Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe. Important: This doesn't mean that...
• Rectangle pattern breakout explained • Rectangle pattern can be either reversal or continuation of the prior move • We got a reversal pattern in this case, possibly ending the up trend • A rectangle is defined by a clear support and resistance levels, ideally touching the boundaries more than twice • Rectangle is a trading range, meaning markets are indecisive...
On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- We're looking for a pullback buy entry at 142.526 where the 78.6% Fibonacci line sits to take profit at 144.887 where the previous swing high and 23.6% Fibonacci line lies. Our stop loss is placed at 140.428 where the previous swing low lies. Any opinions, news, research,...
INFORMATION USDJPY has been rising for multiple weeks. The current trend is very bullish. Couple of days ago, Japan had to intervene and bought Yen using its dollar reserves. Statistic shows that Japan has over 1 Trillion US dollars in their reserves. As the dollar continues to get stronger, BOJ is planning to Battle for the next 6-9 months to stabilize the Yen....
Hey traders, in today's trading session we re monitoring AUDJPY for a selling opportunity around 95.2 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.