Gain some good volume from hitting 75.558 but might pullback lower to my buy zone. Its a good level with trend (and moving averages) supporting it as well as pivot. Stronger support loated lower at 75.1 and may be considered as safer entry, but less probable. There is also a fib level at 75.4, bouncing from which would be very bullish within consolidation...
Just for my private post. The next candle should be green due to USD rebounding from higher than expected NFP Numbers. We will also receive news in the early morning about the USD price index rebounding as well as other currencies falling due to the USD becoming stronger from NFP. That being said why "short".
The entire market is expecting .25 rate cut...
Dollar has started to show some strength against Yen. The first uptrend’s price action, after the accumulation, had an inverse ratio with volume. This time Bulls need to step in, in order to breakout the Range. If a pullback happens to Range Low, our entry occurs.
Please let me know if you have any...
1 Hour Chart Explanation:
- Price bounced on the Resistance Zone and, then, broke the Ascending Trendline.
- It is currently on a Bearish Corrective Structure.
- If price breaks it, it has potential to move down towards the Fibo Levels.
Also, our 4H Vision supports a Short View too!
Updates coming soon!
107.568 - 107.879 Add to Watch List
Signal ID: 66471
Time Issued: Wednesday, 03 July 2019 00:53:15 GMT
Entry: 107.568 - 107.879
Stop Loss: 107.876
The Breakout Opportunities system has just sold USDJPY at 107.686. The system recommends entering this trade at any price between 107.568 and 107.879. The signal was issued because the...
75.709 - 75.939 Add to Watch List
Signal ID: 66482
Time Issued: Wednesday, 03 July 2019 16:00:16 GMT
Entry: 75.709 - 75.939
Stop Loss: 75.363
The Tidal Shift Strategy has just bought AUDJPY at 75.824. The system recommends entering this trade at any price between 75.709 and 75.939. The signal was issued because our Speculative Sentiment...
Looking at the charts, the market has come to find yearly lows for the XXX/JPY crosses in the most recent weeks, with most pairs having pulled back away from the lows. I.e NZDJPY & AUDJPY, and could be an indicative move from the other crosses. GBPJPY, has found some support at 135.170, around the area the flash crash closed above, which begs the question of...
Considering many positive factors in the worlds politics and economy JP225 has a great chance to rise in next week.
Also, other indexes can rise, but JP225 has the greatest technical levels to minimize possible risk.
If something important happens, I will update the post.