Japanese Yen Currency Index TVC:​JXY

The Yen is currently in a bullish channel . Price seems to be heading to key support. If price does manage to test key support, a long position on major JPY pairs would be wise.

I see the opportunity to sell JXY since it is in the downtrend so thats meaning that you can trade any currency pair and expect JXY or Japanese Yen Currency Index (TVC:JXY) to be WEAK so the price that it will go to 88.5 area trade any JPY pairs and have fun If you like my analysis please help to like and follow Thanks

I want to bring the light about a spectacular move that could unfold very soon, already started actually, involving a decoupling of gold and japanese yen. you must look at the japanese index chart (a forgotten one, people focusing too much on the dollar index). the configuration is so clear, we have a triple bullish divergence with a beautiful first two lows ...

Hi Treders, As shown on the JXY chart index, the Yen is setting for reversal, Yen is known as safe haven in financial market and i expect the trade war event will fuel the demande on all the safe haven instruments. Trade with care, Best luck Omar

NEUTRAL

LONG

Pray for strength. Lets make some $$$

Gann square projection for JXY. As you see, Japanese yen (JXY), just as DXY repeats the patterns from the past, each time doing a bigger impulsive wave. Its clear enough that we can kepp going short on XXXJPY pairs as JPY is going only to strengthen. There will be small pullbacks when you can go long on XXXJPY instruments but shorting XXXJPY pairs is much safer ...

JXY Idea :

my prediction of JXY shows that we are in the begning of new powerful trend which provide us a brillant oppurtunity to buy japeniss yen

jxp

While trading, it is worth knowing that Japanese Yen closely follows Gold, both intraday and on bigger timeframes. Both instruments mirror each other. So, XAUUSD analysis are valid for USDJPY, only in reverse order, i.e. if XAUUSD will move up a few ticks USDJPY will move down the same distance. Safe trading! The chart above demonstrates this correlation. I chose ...

Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that ...

Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that ...

Japanese yen (JXY) broke from a big bearish channel and started heading to the skies. Now it pulled back to 200 EMA and horizontal support level (that was once a resistance). I expect a bounce off that level. It might test it a few more times penetrating it but the eventual route is up. The worst scenerio: it can drop down to the triangle trendline (in which it ...

NEUTRAL

NEUTRAL

uptrend violated, building a Head from the strong pull back. Now it will build the right should and drop