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USD/JPY market forecast and trend analysisDue to the significant decline in US bond yields, investors have been prompted to bet that it will be difficult for the Federal Reserve to raise interest rates further. The peak of US dollar interest rates is expected to come. It seems that the pressure on the yen in terms of interest spreads is being lifted, and the yen has once again returned to a clear strong return posture. Judging from the trend, USD/JPY is currently under pressure in the trend channel, and has recently fallen under pressure here many times, supporting USD/JPY to continue to fluctuate in the downward channel, thereby increasing the possibility of the pair approaching the next bearish target near 130. In addition, USD/JPY has fallen under pressure many times near 132.65, which has consumed the upward momentum to a certain extent. When market psychological pressure is formed, some subsequent selling orders may trigger short-selling to make up for it, and push USD/JPY to open a market to make up for the decline. In terms of trading ideas, USD/JPY: You can enter the market with short orders near 132.65 in small batches, and the short-term target is near 131. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Short
by Short-term-king
GBP/USD: The weakness of the US dollar fuels the British poundToday GBP/USD continued Friday's rally and hit its highest level in 5 weeks at 1.2250.As investors reassess the possibility of the US Federal Reserve keeping policy interest rates unchanged at its upcoming meeting, the broad weakness of the US dollar helps GBP/USD maintain its advantage. Risk sentiment dominated the market in early Asian trading hours as the market reacted to the news that UBS Group agreed to acquire Credit Suisse Group.More importantly, the Federal Reserve has resumed daily swaps with the Bank of Canada (BoC), the Bank of Japan (BoJ), the Swiss National Bank (SNB), and the European Central Bank (ECB) to provide additional liquidity when needed. The positive impact of these developments on market sentiment is still short-lived.The sharp decline in U.S. Treasury yields shows that investors are repricing the Fed's policy outlook.According to CME Group's FedWatch tool, the probability of the Fed raising interest rates by 25 basis points on Wednesday has fallen to less than 50%. The British FTSE 100 index fell more than 1% at the beginning of the session, and U.S. stock index futures fell 0.4% to 0.8%, reflecting a risk-averse atmosphere. Nevertheless, in the current environment, the dollar seems to have lost its attractiveness as a safe harbor.As investors become more and more worried about the deepening of the global financial crisis, they avoid betting on the Fed's active policy tightening, which will lead to a weakening of the dollar, which will lead to a strengthening of GBP/USD. In the trend of GBP/USD, the effectiveness of breaking through the downward channel has been established, and a new upward trend is being re-established. In order to determine the effectiveness of the uptrend channel, GBP/USD will also step back in the short term while maintaining a good upward trend.While GBP/USD maintains its advantage, the effectiveness of the support at the top and bottom conversion position of the 1.220 line below can be determined. Therefore, the current support below is at the 1.220 line, while the initial resistance above is at the 1.227 position, and the strong resistance is at the 1.230 position. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Short-term-king
2
How to use news and data reports to make transactions profitableFrom central bank interest rate resolutions, non-farm payrolls, PMI indexes, inflation rates and other data reports, to geopolitical developments, and even natural disasters, these are major news that foreign exchange investors cannot ignore.Because the trend of the currency is always guided by these major economic events and news developments, it is accompanied by trading opportunities. Of course, not all news is worth trading, so we must be familiar with how economic events will affect currency market trends.For major transaction news and data reports, we can follow the following three steps: 1. Select news events that will cause price fluctuations Foreign exchange traders tend to pay attention to certain key economic data that have an impact on interest rate speculation. These economic data include: central bank decisions and speeches, gross domestic product (GDP) data, employment data, inflation rate and trade balance. 2. Choose the right currency pair Generally speaking, we will choose currency pairs with high liquidity. There are mainly the following 8 pairs: EUR/USD, USD/¥, AUD/USD, GBP/¥, EUR/CHF, and CHF/¥.The sufficient liquidity of currency pairs is conducive to us to use lower transaction costs to win huge profits through greater volatility. 3. Pay attention to the news release time and forecast results We have to trade based on data expectations, that is, the actual announced results are compared with the predicted values.For example, if the non-farm payrolls report is better than expected, the dollar will generally rise, and EUR/USD may fall. In addition, before the data is released, we need to check the price movement of the short-term chart (5, 10, 15-minute chart), and use the closing price to decide whether to trade the current data report.After the price trend is confirmed, open a position and set a take profit and stop loss. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Education
by Short-term-king
GBP/USD:The pound was blocked, and the bears reacted strongly?The latest data from the United Kingdom show that the number of people employed in the British labor market has increased by 65,000, higher than the expected 52,000, and the unemployment rate remains at 3.7%.But the pace of wage growth has slowed, which is good news for the Bank of England.Because the central bank is seeking to control inflation, this is another factor to be considered at next week's interest rate meeting.On a global scale, the market turmoil after the collapse of Silicon Valley Bank has led to huge changes in the market's pricing of the central bank's interest rate outlook in the past few trading days.According to CME's Fedwatch tool, there is now a 25% chance that the Fed will keep interest rates unchanged at its next meeting.Even the market has begun to digest the expectation that the Fed will turn to interest rate cuts at the end of the year.Under this situation, the pressure on the Bank of England to raise interest rates may be eased, which will be of great help to resolve the British government's debt.In terms of interest spreads, the British pound will not be pulled too wide by other currencies.As a result, the pound may be able to gain some support from it. Due to the rebound of the British pound for four consecutive trading days, it has left the original downward trend channel. However, over time, the market fear caused by the US banking crisis has gradually eased. Today, the dollar index stopped falling and rebounded sharply, suppressing the rise of the British pound and driving the British pound to begin to adjust the market. At present, the British pound has the intention of returning to the downward trend channel.However, if the 1.201 position can be supported, it is possible to carry out a short-term restorative rebound on this basis. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me.
Long
by Short-term-king
13
Beware of "Long Trap" in USDJPY! On March 3, Friday, the USDJPY slid from a two-and-a-half-month high. The US non-manufacturing ISM index, released on the same day, fell from 55.2 in January to 55.1. The US dollar index, which measures the dollar against six major currencies, dropped from a high of 105.36 at the beginning of the week to 104.60. Investors took the opportunity to profitably unwind their positions in USD/JPY. At the same time, the Bank of Japan is expected to begin unwinding its unconventional stimulus measures in the period following Governor Haruhiko Kuroda's departure next month. This is because Tokyo's February inflation data exceeded the Bank of Japan's target for the ninth consecutive month. If the new governor, Toshihide Endo, tightens monetary policy, it may stimulate the return of speculative trading in the yen. Currently, on the daily chart, USDJPY has encountered resistance multiple times at 137.00, and the MACD signal line appears to have a death cross. In the short term, attention should be paid to the risk of further pullbacks in USDJPY, with the risk of long positions at the high outweighing the profit. Personal trading recommendation: Wait for the market to fall back to 133.00-133.60 before entering long positions, with a focus on the 136.400-137.110 range. There will be many data releases in the near future, and the market may be volatile. If there is a trading opportunity, I will announce it immediately. Please stay tuned.
Short
by FlashTrades_
How to allocate your funds for profit? There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one type of investment, as it could lead to uncontrollable risk. So, how can we allocate our funds sensibly? Here are three investment types to consider: Cryptocurrencies After the emergence of countless "get-rich-quick" stories in the cryptocurrency market, many people have flocked to invest. However, the reality is that the market is merciless and risky. Only those who are strategic and opportunistic can make a profit. It is recommended to invest 10% of your funds into the market for a coin with a lower price point, and hold it for the long-term. If the value increases, your assets will expand infinitely. If it fails, you won't lose everything. Forex Market To participate in the forex market, choose currency pairs with lower liquidity, such as EURUSD, USDJPY, and GBPUSD. When these products show good buying opportunities, it is recommended to invest 50% of your funds into the market. The fluctuation of currency pairs is relatively small, making it a stable option for long-term trading. However, it requires a certain amount of capital accumulation to see profits. Futures Market In this market, let's focus on XAUUSD. This product has storage value internationally, making it suitable for trading. However, due to its sensitivity to news and geopolitical events, it can experience severe fluctuations. It is recommended to invest 20% of your funds into the market for short-term operations. Trading once or twice a day to gain short-term profits is the suggested approach. The remaining 20% of your funds can be used for your daily expenses. Trading is not gambling. It is important to learn how to plan within your capabilities, manage your finances wisely, and make trading easier. I have extensive knowledge in cryptocurrencies, forex, stocks, gold, and crude oil futures products. I will continue to update my daily operation strategies. Thank you for your attention and likes. If you have any questions, please feel free to leave a message. I will provide the most reliable advice to help you.
FX:XAUUSDEducation
by FlashTrades_
How important is liquidity in the forex In the foreign exchange market, understanding liquidity and volatility is crucial for investors, as liquidity refers to the level of trading activity and volatility is highly influenced by liquidity. If liquidity is too poor, it can lead to significant price fluctuations, making it difficult for investors to manage risks. What is liquidity, and why is it important? Liquidity can be used to observe the level of activity in the foreign exchange market, specifically how many buy and sell orders are actively traded. The foreign exchange market is a 24-hour trading market, with a daily trading volume of nearly $6 trillion, making it one of the most liquid markets in the world. However, it is worth noting that not all currency pairs have excellent liquidity in the foreign exchange market. In fact, currency pairs often have varying degrees of liquidity depending on whether they are major, minor, or exotic currency pairs. Liquidity decreases in the order of major currency pairs -> minor currency pairs -> exotic currency pairs. What are the major currency pairs with the "best" liquidity? EURUSD The euro against the US dollar is the most actively traded currency pair in the foreign exchange market due to the eurozone and the US being the two largest economies globally. Due to the enormous trading volume of the EURUSD currency pair, it also has high liquidity, making its volatility usually lower than other currency pairs. However, even the most liquid instruments can experience significant price swings under certain conditions, such as the outbreak of the Covid-19 pandemic in March 2020, when the Fed implemented zero interest rates and unlimited QE, causing the EURUSD to surge instantaneously, one of the high volatility scenarios. USDJPY The US dollar against the Japanese yen is the second most traded currency pair in the foreign exchange market, second only to the EURUSD. The USDJPY currency pair also has high liquidity because during periods of economic uncertainty or financial market turmoil globally, the Japanese yen is widely regarded as a "safe-haven currency." Thus, market funds are easy to flow into buying the Japanese yen, often resulting in a significant increase in trading volume of the USDJPY currency pair. GBPUSD The British pound against the US dollar currency pair is also known as "Cable" because GBPUSD was the first currency pair to be traded via transatlantic communication cables. The UK and the US are two major Western economies with close trade relations, making the trading volume of GBPUSD also massive. What are the "lowest" liquidity exotic currency pairs? Exotic currency pairs usually have the lowest liquidity, such as the Polish zloty against the Japanese yen. As the economic trade volume between Poland and Japan itself is not high, the delivery demand or hedging risk demand of the two currencies is relatively small. Therefore, exotic currency pairs usually have low liquidity. Does the liquidity of the forex market vary during different trading sessions throughout the day? In daily forex trading, there are periods of low activity, such as during the Asian session when prices tend to consolidate. However, during the London and US sessions, prices are more likely to experience significant fluctuations. Among the trading sessions throughout the day, the US morning session has the best liquidity, as it overlaps with trading hours in Europe and London. The forex trading volume during the European and London trading sessions accounts for over 50% of the daily global trading volume, with the overlapping period with the US morning session accounting for approximately 20% of the total daily trading volume. The volatility of forex is directly influenced by liquidity. Liquidity has a significant direct impact on market price volatility in all financial markets, including the forex market. High liquidity markets have higher trading volumes and therefore lower volatility, resulting in more stable commodity prices. In contrast, low liquidity markets have lower trading volumes, higher volatility, and commodity prices are more likely to experience significant fluctuations. As a professional with in-depth knowledge of futures products such as cryptocurrencies, forex, stocks, gold, and crude oil, I regularly update my trading strategies. Thank you for your support and likes, and please feel free to leave me a message if you have any questions. I will provide you with the most reliable advice and hope to be of help to you.
Education
by FlashTrades_
1
NZDUSD Bullish Continuation MM P 100pip// WHICH PATTERN ON MMP GUIDE DO WE HAVE?// NZDUSD is currently showing a BULLISH CONTINUATION MM Pattern 5 in the MMP GUIDE. // HOW TO ENTER // Wait for NY to pullback close to the CP RISK ENTRY ;- LONG on a good rejection from CP CONFRIMED ENRTY;- LONG when we fix ABOVE BL (Baseline) // INVALIDATION // Use a 20-30pips STOP LOSS I will post money making trades like this everyday. Be sure to FOLLOW and LIKE so you don't miss anything. P.S I have a very unique system that involves ZERO BS analysis, all you do is LOOK & EXECUTE (takes less than 4mins to decide), this beats every system in terms of ACCURACY, PROFITABILITY and best part? High R:R. It's called HOOD SUITE SYSTEM.
by TheHOODofCRYPTO
EURAUD Bearish Continuation MM Pattern// WHAT MM PATTERN DO WE HAVE // - EURAUD is currently showing a BEARISH CONTINUATION PATTERN for Today's setup. // HOW TO ENTER // Wait for NY open and a stop hunt of the LN-Hi level and take a SHORT. RISK ENTRY - Enter during NY when price is STOP HUNTING the LN-Hi level CONFIRMED ENTRY - Price currently in a CONFIRMED ENTRY level (Below BL) wait for NY to ensure no sh leg. // INVALIDATION // Use a 20-30pips STOP LOSS I will post money making trades like this everyday. Be sure to FOLLOW and LIKE so you don't miss anything.
by TheHOODofCRYPTO
I will notify you of the EURUSD entry opportunity Regarding the euro, the inflation outlook in the Eurozone is uncertain, and the European Central Bank (ECB) is not expected to shift its tightening policy quickly. On Tuesday (February 28th), the French CPI annual rate was recorded at 6.2%, higher than the expected 6.1% and the previous value of 6.0%; this indicates that there is a risk of a rebound in Eurozone inflation. On the US dollar side, since early February, a series of economic data in the United States have been stronger than expected, and market expectations for US inflation have rebounded. Expectations of a rate hike by the Federal Reserve (Fed) continue to rise, and the currency market has sharply raised the pricing of the peak of Fed interest rates. If the upcoming economic data continues to exceed expectations, there is still a possibility of further strength in the US dollar in the short term. The Eurozone CPI for February, which will be announced on Thursday (March 2nd), and the US ISM Services PMI for February, which will be announced on Friday (March 3rd), are worth paying attention to. If US data continues to perform strongly, it will put pressure on the upside of EURUSD. Looking at the EURUSD 4-hour chart, after a short-term rise, it is once again under pressure to fall back. The upward momentum is obviously insufficient, and there is a demand for a pullback. I personally expect the market to confirm a wave of support before ushering in a new round of upward movement, which will also be our entry opportunity. My suggestion is to wait for the market to adjust to the range of 1.05400-1.05500 to initiate a long position layout. This is a key support level in the oscillation range and also a relatively good buying point. If you have large funds, you can enter in advance. Friends with small funds need to be patient and wait for the buying point to appear. The first profit-taking position above is 1.07200, and the second is 1.08000. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily operational layouts. Thank you for your attention and likes. Friends with questions can leave a message to me in a timely manner, and I will give the most prudent advice to help you.
Long
by FlashTrades_
1
The entry point for GBPUSD is imminent Previously, when GBPUSD touched 1.19250, we emphasized that there was strong support at that level, and there was a demand for a rebound. The consecutive two rallies were both quick rebounds after testing the support, but the sustainability of the upward trend was weak, and there was a subsequent decline after being under pressure. However, when the market enters our buying zone again, I will still act decisively and continue to position myself long at the previous key support level, waiting for the market to stabilize and further form an upward breakthrough. As I focus more on long-term positioning and swing trading, the trading cycle may be longer, and long-term positioning requires a relatively large amount of capital and a good investment mindset. I will also keep updating and promptly notify when the layout point is reached. Operational suggestions: buy at 1.19200-1.19400, with the first profit target at 1.21500 and the second profit target at 1.22700. I have in-depth research on futures products such as cryptocurrencies, forex, stocks, gold, and crude oil, and I also update some daily operational layouts. Thank you for your attention and likes, and friends with questions can leave me a message promptly, and I will provide the most secure advice, hoping to help you. FX:GBPUSD
Long
by FlashTrades_
2