About meI have been involved in the forex market since 2008 with a focus on long-term trading.
I am an MBA and CySEC advanced holder, and strong believer of creativity especially when it comes to developing trading strategies.
Simplicity is the key!
The buyers of the CHFJPY are constantly boosting the pair to the upside since October 2016. The latest stability of the price at the 114.76 area is a good indication that the CHFJPY will likely appreciate.
My long-term targets are the 120.00 and the 125.00.
The USDJPY pair, following its previous drop from as high as 114.00 to as low as 106.00, is now oscillating within an upside retracement zone having approached the 107.84 area.
My long-term targets for this pair are the 115.00 and the 119.00 respectively.
The CADJPY pair, amid the recent aggressive downside pattern, is now oscillating within its bullish retracement zone at the 85.00 level.
My long-term targets are the 90.00 and the 95.00.
The GBPJPY pair gained astonishing upside momentum at the 148.00 area where the buyers are expected to continue boosting the price to far higher zones.
My expected long-term targets are the 160.00 and the 175.00.
The uptrend scenario has now prevailed on the NZDJPY pair. The 78.00 level acted as a powerful support area.
My expected long-term targets are the 84.00 and the 87.00 zones.