Japanese Yen Future is in equilibrium, It means that in that zone, no trend or signal for a specific trend is clear.
So, we will wait for a huge volume so that the 6J could break the equilibrium and increase, otherwise, it will continue with a small variation inside this range
If the market goes down to the area coloured in red , there is a higher probability that price will bounce back up from there ,especially from the two horizontal red lines and the area between them .
That's why I think the area coloured in Red respresents the optimal area to buy at for people interested in buying TSE:9437 .I think the two thick horizontal red...
By Andria Pichidi - November 21, 2018
Japanese inflation data will be out earlier than expected, on Thursday, as Japan is closed on Friday for Labor Thanksgiving Day. The National October CPI is forecast at 1.3% y/y from 1.2% overall, and steady at 1.0% on a core basis. Although the annual inflation has been improving since May, it remains well short of the...
The breakout is so incline worried me a little because a breakout with angle more than 45' degree is a sign for it to go even further up. and that is why i'm going short with small lot size and tight Stop Loss.
Short because the cycle seems to end approaching the previous Resistance. Trade at your own risk.
For some time I am very keen to get exposure in japanese Index FX:JPN225 , I belive we starting bull market which offers very good return for longer-term investor. Slowly I add more positions. This is agressive trade as addon to main position tight stoploss.
So many of us out there wish to truly capitalise on the huge jumps and troughs out there on all major pairs.
My firm belief is that we are about to continue into unprecedented low field price and that the worst is still yet to come. Dont forget what happens everytime an ECB or FED talking head gets on the screen....Generally the market falls as all they ever...