USJPY is heading to resistance and is expected to reverse.
usjpy will retrace as a sell before buying
Market came down nicely from PZ to BZ as per my trade plan given yesterday, rallied to PHOD and made another flush down, forming a bearish candle, but noticably, market is still supported by the BZ. The 139.6 level given yesterday is acting as good support. Overall the daily candle looks bearish but from the looks, my view is market could give another move for...
UJ continuing its breakdown of structure. Continue to sell the pull back or retest!
The Bank of Japan left its key short-term interest rate unchanged at -0.1 percent at its October meeting and kept the target for the 10-year Japanese government bond yield at around zero percent, as widely expected. The USDJPY increased 0.2820 or 0.25% to 113.2220 on Monday November 26 from 112.9400 in the previous trading session. Historically, the Japanese Yen...
Buscando una posible ultima onda bajista de un patron correctivo( 2 posibles patrones o un zig zag con flat wxy o un triangulo ABCDE ) para continuar con la tendencia macro alcista buscando el 100% de la onda a de grado blanco para terminar con la onda (B) en la zona de los 120.00 de grado azul, buscar compras por la zona de los 108.00
Hi All, Here is my weekend Analysis on this pair. Please note that this is only a guide I do not trade in the weekly time frame. I have a full time sales job, so i trade on the 4hr time frames (candle Closes). this means I only need to be in the front of a computer 10 mins every 4 hours.