The Japanese yen fell to a seven-year low of 125 against the US dollar on Monday as the Bank of Japan continued easing its monetary policy further widening the gap with the US Federal Reserve’s hawkish tone.
But instead of seeing it as a threat to the Japanese economy, the BOJ reiterated that a weaker yen would have positive effects on pushing Japan’s GDP...
Starting monday I am buying 1553, 1555 & 1557 for targets 1574 & 1588. I expect 1588 to hit by Tuesday end of US session. Possible H&S with right shoulder at 1588. I am expecting 1535 from there, which will be the ultimate buying opportunity for 1700+. Good luck and trade safe.
Hey guys,
This is my first ever public idea posted. I trade solely using Elliot wave theory with a few indicators of my choosing. I'll be posting with a lot more frequency from here on out, publicly. Hope you guys enjoy my views on a few charts and please do comment and share if you agree or have differing views!
Here's a quick look at my long term forecast of...
