Usdjpy entered potential reversal zone at around 114 to 114.60. looking to past data we suspect a reversal towards 112.25 or 61.8% of fibs at 112.80
Sell USDJPY FOR 116.00 levels now SL 117.60
USDJPY SELL SETUP Trade If Break 115.200 then confirm trade Sell and Go to for Hit Two traget
Hey Guys, Check on Daily timeframe in Usdjpy, what we have got ? Bearish gartley one of the harmonic patterns which has good success ratio,so will it work in this pair ? We may need to wait for sometime to find the answer. We have another prev. resistance around 110's zone and Usdjpy hit the same area n completed the pattern, so according to this trade setup we...
Usdjpy Trading around 106.4 After touching 101.2 on usa Election. where Strong Resistance above 107 if hold below this level we can see 104-104.5 before new high So advice sell usdjpy in range of 106.35-107 sl above 107.6 Tp1 104.2 Tp2 102.5
BOJ dept Gov Iwata was the most recent in what seems to be a slew of attempts by JPY officials, whether it be Govt or BOJ to try and weaken the Yen with yet again more dovish/ promising rhetoric. Statements such as "prepared to loosen policy further without hesitation" where in my mind no doubt undermined by the BOJ's seemingly blind assesment of future...
BOJ - 3trn increase in annual ETF Purchases + $24bn increase in USD funding for banks 1. The BOJ on Friday delivered a shockingly poor package, imo they changed the snallest part of their current QQE programme. 2. What was interesting though was the markets reaction - immediately after the decision $Yen spiked higher then lower to 103 level but from then and...
28/29th June BOJ Meeting Expectations by 27 analysts polled by Reuters: 1. 23/27 (85%) expect easing from the BOJ. - The Median Analyst expect a 10bps cut to the headline interest rate to -0.2% and a Yen10TRN Extenstion to the BOJ's monetary base target to Yen90TRN a month (JGB and ETF Purchases). - One analyst expects easing in September, two in October and...