Community Blog
Yen can be strong
Hey. Problems of European banks sunk in Turkish bonds may be the beginning of capital outflow from shares towards the yen. Today is another short on usdjpy, eurjpy and gbpjpy
Carry trade is back with risk on scenario.
Carry trade is back with risk on scenario. Currently market is returning with risk appetite after the hurricane arma has passed by and North Korea tensions have eased temporarily. I have gone long gbp/jpy at 145.44 with profit limit at 147 here is the chart. so far the trade is in profit
Blog 15/5: Sell GBP/JPY for bearish correction
Hi Traders,
GBP/JPY has increased from 136 to 148 level. I expect it's time for bearish corretion at least two weeks ahead, so my strategy is sell on rally. The target of this correction process could be 142 level. let's see the daily chart below:
GBP/JPY has increased from 136 to 148 level. I expect it's time for bearish corretion at least two weeks ahead, so my strategy is sell on rally. The target of this correction process could be 142 level. let's see the daily chart below:
JPY-Buy
Olá queridos,
O JPY desde o começo da semana começou com muita força e teve uma pequena correção devido uma forte resistência,mas acredito ainda que o JPY permanece forte e apenas na abertura do mercado na próxima semana vamos poder ver alguma decisão de continuidade ou não de tendência.
Obrigado Dukascopy pela oportunidade e boa sorte para todos.
O JPY desde o começo da semana começou com muita força e teve uma pequena correção devido uma forte resistência,mas acredito ainda que o JPY permanece forte e apenas na abertura do mercado na próxima semana vamos poder ver alguma decisão de continuidade ou não de tendência.
Obrigado Dukascopy pela oportunidade e boa sorte para todos.
GBP Begun Long Term Bullish beyond 200
Main Indicator :: I regr All Modes (mode 1 to 8)
Brexit Effecct had accerelated GBPY to end middle term Bearish of GBP JPY sooner than expected
in Montlly Time Frame,
I regr All Modes showed Bearish Long Term was almost Ended as almost all value 2 of i regr just crossed (7 of 8) and may brought this pair to a long journey over 200. But
in Weekly Time Frame
I saw an little opportunity that in the end of June 2016, GBP JPY may landed at 129.69 (Fibo Expansion 61.8 % from 163 ro 132) before fly awa…
Brexit Effecct had accerelated GBPY to end middle term Bearish of GBP JPY sooner than expected
in Montlly Time Frame,
I regr All Modes showed Bearish Long Term was almost Ended as almost all value 2 of i regr just crossed (7 of 8) and may brought this pair to a long journey over 200. But
in Weekly Time Frame
I saw an little opportunity that in the end of June 2016, GBP JPY may landed at 129.69 (Fibo Expansion 61.8 % from 163 ro 132) before fly awa…
EUR/JPY Monthly Range Cut in Half
The EUR/JPY had a slow month. We closed May higher by 152 pips or only 1.2 percent. We opened the month at 121.72 and closed it at 123.23. Even the high/low range is not much bigger at 316 pips. This compared with +600 pips ranges in each of the four previous months.
If we drill down on the lower time-frame charts this aimless volatility is even easier to notice. Until we break either 124.66 or 121.47 the prudent course of action is to bet on prices staying flat.
If we drill down on the lower time-frame charts this aimless volatility is even easier to notice. Until we break either 124.66 or 121.47 the prudent course of action is to bet on prices staying flat.
Yen Pairs movement after Nikkei open
Yen Pairs run very fast after Nikkei open you can see yen pairs movement and weakness most of trader get lots of pips and lost lots of pips .
TRADE SETUPS COMING UP
The EURO JPY and CHF JPY have given signals on their Daily Charts to begin bullish breakouts over the next few days. The Daily Charts had formed Consolidation patterns as they moved sideways over the last several weeks and now appear ready to start a new uptrend. Trading them aggressively can give 180 to 200 pips each and 360- 400 together.
EURO JPY - DAILY CHART
The next major target would be the Resistance of 145,67. An identical patterns can also be seen on the CHF JPY. In this case, the Res…
EURO JPY - DAILY CHART
The next major target would be the Resistance of 145,67. An identical patterns can also be seen on the CHF JPY. In this case, the Res…
THE YEN PAIRS
I have looked at my charts and it looks like the yen pairs have formed a recent bottom.
The probability of the YEN pairs going higher is very high, especially with the Bank of Japan monetary policies that wish to support a weak YEN.
A lot of things can change, this is the forex market. But for the last few months, buying the YEN pairs has been very profitable. I think it is a good strategy, I will continue buying the YEN pairs anytime i see a bottom forming. My interest lie in the GBPJPY, EURJPY…
The probability of the YEN pairs going higher is very high, especially with the Bank of Japan monetary policies that wish to support a weak YEN.
A lot of things can change, this is the forex market. But for the last few months, buying the YEN pairs has been very profitable. I think it is a good strategy, I will continue buying the YEN pairs anytime i see a bottom forming. My interest lie in the GBPJPY, EURJPY…