my expectation. DAILY Possibly a correction to the upside is possible considering the big imbalance price has created. I don't see any strong sweep back to 1 considering the momentum on the down move + fundamental 4H ZONES I WILL BE WATCHING FOR CONTINUATION
The devil inside me is asking this. Will yen really hold inspite of BOJ intervening in the market yesterday (Thursday) Fundamentally speaking i really think no. I am justs waiting for a pullback now for a buy. Euro slipped Pound slipped USD cad is having a blast. I dont think this USJPY will keep on going down. What is your thought? USDJPY Forex...
If I would scalp usdjpy I would scalp it for sell. I know this is contrary to my first outlook shared but remember my buying area would be at below 140. This post is "IF" i will scalp it and I will just share how i would enter it. So market got hammered yesterday and i think there still a bit of a selling pressure. but i would plan to play short this would be...
The general trend for trend of the market is bullish still. Yesterday was un-usual as BOJ intervened. Fundamentally as i mentioned before the interest rate between the two favors USD long. I have marked out some supply and demand areas of where I would look at for buys. I would not countertrend this as this would be against my rules but some would if u...
Priced retraced a little over 50% of this one our range. I market continues to push down im expecting price to retrace back at this ltf supply zone which is abt 62% or the retest of the one 1h supply with a fairvalue gap on the 15m Let me know what u think. This outlook is valid untill london open depends on what asia will do today. Take note Japan...
from a third party note {JN} JAPAN'S SUZUKI AND KANDA TO HOLD PRESS BRIEFING SUZUKI: SHARE CONCERN WITH BOJ OVER RECENT RAPID YEN WEAKENING. SEE SPECULATIVE MOVES BEHIND THE FX MOVES GENERALLY DON'T GIVE WARNING AHEAD OF FX INTERVENTION CAN'T COMMENT ON OTHER NATIONS REGARDING INTERVENTION KANDA: NO DEFENSE LINE LEVEL EXISTS; WHAT MATTERS IS VOLATILITY HAVEN'T...
well seems like boj admitted they cant controll the exch rate and more concern on interestrate at low level *BOJ Kuroda: Expect Rates to Remain at Current or Lower Levels -- WSJ
AUD pairs are weak but worth watching this 4h demand zone if it will hold. Goosdluck!
Im going against the herd. BOJ rate decision as espected at -.1 no change.
Hi traders. Whats your thought on GBPUSD. My subscription doesn't show anymore basis for demand historically hahaha. 1w daily 4h bias LOOK FOR SELLS ON PULLBACK
Some news on the wire source :(bloomberg) Yen Falls After Hawkish Fed, Awaits BOJ Decision: Inside Japan By Chikako Mogi (Bloomberg) -- Yen falls after the Federal Reserve raised rates and provided a more hawkish outlook for its future rate path. Government bonds are likely to follow Treasuries higher ahead of the Bank of Japan’s decision. USD/JPY up 0.2% at...
Usdcad 12h chart. These markups are a 4h demand zones. Price now currently testing the 4h zone for the second time. might be work a look. This is a 2020 supply zone
It's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result. Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild.. ...
Hello traders u think it will hold this demand zone or break it? i think keep the short till a day before FOMC. Have a look at my previous TA below link. i think that big bounce is not yet going to happen.
GBPUSD broke the quarterly low. HTF im looking for a sell setup but internally i think there's an opportunity to scalp towards supply zones. Here is a 15m supply and demand refined markups. I just posted 15m due to chart restriction on resolution.
Good morning traders just a quick markup on 4h chart USDCAD. lOOKING FOR BUYS