Hoje trago aqui um par de forex exótico, que é um valor que normalmente não opero pela alta volatilidade.
Contudo, o setup que o SEKJPY a 4 horas está a fazer é bastante claro, limpo e atrativo.
Temos uma descida regular, com pouca volatilidade que atingiu um mínimo só visto no final de 2017, onde o preço estagnou e lateralizou.
Com uma flipzone bem...
TP = 12.700 hit as the price completed the bullish 1D leg within the 1W Rectangle (RSI = 49.145, Highs/Lows = 0, Ultimate Oscillator = 50.485). After hitting the 12.845 Resistance, the pair is expected to move towards the 12.000 support. We are short again with TP = 12.200.
TP = 12.283 hit on SEKJPY as the 1W Rectangle declined and even marginally crossed the 12.050 Support to form a new base at 11.973. This doesn't alter our support-long/ resistance-short strategy, as the pair is showing significant bullish reversal bias on 1D (overbought STOCHRSI, Williams, CCI, ADX = 22.908, RXO = 2.123). Going long, TP = 12.700.
TP = 12.792 hit as SEKJPY continues the very controlled sideways trade on the 1D Rectangle (RSI = 52.414, STOCH = 49.962, CCI = 9.9279, Highs/Lows = 0). We continue to trade within its ~ 12.100 - 12.850 range, opening a short now, TP = 12.283. Even 1W is neutral on RSI, Highs/Lows, Ultimate Oscillator.
My yen index bounced of support on Friday. It reached both the 50% retracement fib and the 61.8% extension of the first swing. Also it reached 2 trendlines, one ascending from the lows, the other forming the support line of a falling wedge.
The RRR lies on the long side against such support.
After reaching the upper medium term band for 15 % width of band as permitted by the monetary policy, the Swedish central bank and the BOJ undertook market sterilization to slower the strengthening of SEK in the market. Accordingly, short on the sterilization (short term band) is feasible with the following details:
Short at 13.60 or the current rate 13.40
After reaching 15 % + 1 % width of medium term bands as permitted by the applicable regulation, the BOJ and the Nordic's central banks (Sweden, Danish and Norwegian) undertook central banking market sterilization to slower the strengthening of SEK, DKK and NOK by the JPY.
The sterilization will bring those pairs to central band/central parity in short term (short...