forexmasters2016

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About me I rule the world.
Last visit Joined 7 months ago London, United Kingdom
Trading is aesthetic
Markets Allocation
100 % forex
Top Mentioned Symbols
USDCNH 50% | 1 USDJPY 50% | 1
forexmasters2016 forexmasters2016 USDCNH, D, Long , 7 months ago
USDCNH: USDCNH PBOC Devaluation
56 1 4
USDCNH, D Long
USDCNH PBOC Devaluation

The PBOC’s task becomes increasing difficult with a strong USD since China decided to hitch its star to the USD. China from the 1980’s until now has exported goods and capital to America. The DXY Index (US Dollar Currency Index) weakened to a low of 72.00 in Spring 2008. Since then, it has rallied over 33%. The CNY has strengthened 5% in USD terms and ...

forexmasters2016 forexmasters2016 USDJPY, 240, Long , 7 months ago
USDJPY: USDJPY Long Idea
939 6 17
USDJPY, 240 Long
USDJPY Long Idea

USDJPY stays strong after Yellen's speech and will ride the rally through to 105.5 next week. We could long when it pulls back on Monday around the blue box. We also expect it to hit 110 by the end of September when the US rate hike comes in September. Fundamental wise, with global stock markets doing well, investors are getting less risk adverse. Safe haven ...

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