Trade ideas
Jpy Index OutlookJpy looks like it could have a strong finish of 2019.
The index is trading on an ascendant trend, putting in higher lows
Friday candle is a pin bar and a break of 92.20 zone could expose 93.50 zone in the medium term.
Strategy:
Look to sell especially EurJpy, AudJpy, CadJpy and ChfJpy
EXPECTING A BREAK OUT ON THIS JAPANESE INDEXI AM EXPECTING A BREAKOUT OF THE NECKLINE, MAKING JAPANESE YEN WEAK IN THE COMING DAYS
JXY- Japanese yen Technical Analysis for WC 28-10-2019The Japanese Yen started the week's session with hopes of a continuation of the previous week's results a 0.45% gain which saw the Index attempted to bounce back from a major pullback. However, the Index failed to break out at 92.3 and drifted down the price channel marked on the chart below, ending the trading week at 92.0. The Index could continue down to 91.7 if it fails at 92.1. The breakout point to the upside is at around 92.3
JXY [JPY INDEX] - Long again* 50% for all predicting.
- Weekly: Look left to forecast.
+ Hammer Candle.
- Daily: Divergence MACD-H, but not Divergence RSI.
+ MACD Vs RSI wait to a Inside bar Fake key:
- Khung H4:
+ Signal 1: False break at Pinbar.
+ Signal 2: Dow theory.
* Setup alert: BOLLIGER BAND VÀ MACD
The Yen pairs will be weak for a medium timePotential reversal/correction will occur between the price range of 91.5 and 90.5
im bearich double top and trend broukenim bearich double top and trend brouken the target will be 89.1 if ranging is brouken
JXY drop for further equities rally or stabilize showing indeciswatch for rise in eurjpy, gbpjy, audjpy and nzdjpy of this drops
JPY - JXY Price is in a downward phase
We have outlined the possible resistance area
Between 2.5 and 4.2
JPY INDEX! this index is correrating with a lot of pairsjpy is loosing value this is confirmed as we examine its index,
the index might trend bearish for this week, hence all jpy pair mightmight be trending upwards
