USDJPY has performed well in an extension move off the bullish bat pattern, target1 has achieved and the crucial push depends on this week the US tariffs that are due tomorrow.
The candle that touches the previous high and fails to close above the previous high is a concern to me.
Monday market movement will determine if I'm going to keep the trade or an...
USDJPY hit our signal's tp1 with 50 pips last week.
This signal is still valid with only half size left.
On this chart, we see USDJPY met its 1st strong daily R/S with a DOJI. That is a warning signal not a confirming signal yet.
Meaning price could go up again to break the R/S to make it to 110.3-111.00 still in 2019.
Good luck!!!
LESS IS MORE!
There are very few chances for initials (look update from November, 12 in my telegram channel). In addition, the dollar index (see yesterday's update) looks towards a strong weakening. Therefore, I am currently working on alternative calculations.
I don’t see any long-term trading ideas here, first we need to wait for the triangle to complete. That is, we will...
Dopo l'accordo tra Cina e US come si evince dal documento pubblicato ieri 13 dicembre dal titolo "AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE PEOPLE’S REPUBLIC OF CHINA" i paesi si impegnano a:
- China acquistare prodotti US e vendere beni agricoli all'amarica.
- US si impegna a ridurre le tarriffe applicate durante quest'ultimo anno.
In termini...
Also known as trading the “gopher” the USDJPY pair is one of the most traded pairs in the world. The value of these currencies when compared to each other is affected by the interest rate differential between the Federal Reserve and the Bank of Japan.
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