Trade ideas
This WeeK: Uncertainty => Yen Bullishness $JPY $JXYHey traders, I expect this currency to continue north. There's too much uncertainty with Trump's follow-through on policies, North Korean nuclear testing, Syria and ISIS. I like this one long. We also have some technical lining up as shown on the chart.
Short Bias for the Yen This Week All Around $JPY $JXYHey traders, I like the yen short this week and potentially the weeks to come. Many EW counts leading to continued downside. Details and wave count on chart. Cheers
Japs looking weakstructure is king and here it seems bulls are very weak. most likely another bear wave coming! happy holidays!! like if you found the chart helpful!
japs are getting too happy hahajapan has been in a sharp uptrend recently that has all other pairs falling against it. now the japanese index shows us the yen has reached a strong supply zone and the yen is at the top of its daily channel. we can expect the pullback to come in as people realize the yen is overvalued.
