Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
JXY, Yen has technically taken out the support and price slides further downside. All the crosses looks like to make all time high specially USDJPY
BoJ Stance:
BoJ would adhere to its ultra-loose policy until the Bank achieved its inflation target of 2%.
With Kuroda doubling down on the Bank’s accommodative policy, the risk for the yen is clearly tilted to...
This is just a small correction on UJ because of DXY retesting 103 mark as you can see here:
You get 1:3 RRR on this trade, but you will probably have to hold it over the weekend.
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has...
After the arrival of the Australian dollar following the competition with the Japanese yen, which weakened greatly, it is time for a major correction until Fibonacci 0.5
Starting with the 4 hour timeframe, the yen is finally starting to show some life as the oscillators give several indications. On the larger timeframe (reference charts below) you can see we're also testing the descending support. For now, I'm not suggesting a complete a reversal put a possible pullback towards the mid-channel pivot is warranted.
Let's now take a...
watch how i trade the market what are my bias bullish or bearish in this video I've shared my thesis of this weeks trading 21st march to 25th march 2022
I've analyzed
DXY
JXY
Audusd
gbpusd
usdcad
eurusd
audjpy
nzdjpy
gbpjpy
cadjpy
IM Zeyan I've been trading for 7 years im here to bring value as much as i can
Hello traders, USDJPY has been trending down since several days, taking a short position in this situation is a low risk trade. If we get stopped in the first trade we will be waiting for the sec trade idea (H&S) with better RRR.
DXY is expected to go lower:
Japanese yen is doing very well lately during the Russia-Ukraine crisis because it is not "directly"...
We have currently broken structure from bullish sentiment. I am looking for a continuation to the downside with a target of 153.425 levels with consideration of possible retrace in the zones of 154.500 - 154.812 levels which will line with price action, QP levels, and supply. My bias is short unless the market specifies otherwise.
Daily showing Inverse Head & Shoulder with Bullish Divergence.
If JXY plays out this will go hand in hand with GBPJPY Long term Analysis for Sells.
View Related ideas for GBPJPY Analysis.
On the verge of break of HTL and VTL on 2H timeframe.
A short high probability sprint available for NZDJPY between 80.690 (buying SL) to 80.790 as 1st TP
SL as per risk appetite, first small logical SL would be below 80.3.
Trail SL as we move ahead.
perfect gap has been formed right on the 1.618 fib level of this large intuition manipulation( circled in green). this sideways setup has made a way for a sharp setup going down to the 1.618. both sharp and sideways setup are about the same magnitude as-well. use this information when trading jpy pairs the next following weeks. Remember your a trader not a robot,...
Outlook for next week maintains bullish after nice correction of last week's bearish push to the downside. Bullish market structure on HTF has still not been broken, buyers keep creating new highs and reaping profits to better demand areas so the trend can continue without any shortfalls. We can expect price to pullback to the following areas before continuing its...
Hello Traders and Analysts,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short, due to the selling opportunities further increments upon imbalances. Overall, assessing the short idea .
Please do not take this...
