S&P500 Futures vs. JPY & also KRW, CNH, PHP, THB since Feb 16S&P500 Futures - E-mini vs. Japanese JPY & also Korean KRW , China yuan CNH, Philippine PHP , Thai THB since Feb 16, 2021.
Japan
India & Japan very bullish frm late 2020 -> Oil & Resources soarIndia (INDA) & Japan (EWJ) equities very bullish from late 2020 - helping Oil (USO) and Resources (DBC) to also soar.
USDJPY - Time to BUY!After touching 104.40 support, the price showed a good reaction. We predict that this currency pair will rise to about 105.60.
NZDJPY possible shortPossible double top and rising trendline break spotted on NZDJPY.
Sell stop has been placed, let's see if it triggers.
CADJPY will soon reach 84.65In the area of 82.20, the pressure of buyers has increased. We predict that the price will accelerate further after the failure and correction of the price. Best price to buy around 82.20 with a target of 84.65 and a loss limit of 81.20
SELL 6J1!Hi everyone, as you can see on the chart we have buyers squeez, which means that sellers will take the market. SELL 6J1!
UsdJPYUj has been bearish over the last couple of weeks but the bearish pressure has been easing
Its good to notice that the bearish momentum has broken through key levels but projecting forward I expect bullish opportunities to emerge
Please follow for more updates and technical analysis
ridethepig | Opportunities in Hydrogen stocks📌 Another single stock opportunity... I will start posting a lot more of these as the feedback has shown it is working. For today we are tracking a very interesting flow that is finally coming into fruition.
Australia, Japan are advancing talks on hydrogen and a deal is around the corner. The breakout of the highs shows flexibility required and is an example of how to look at the important aspects rather than political noise. Momentum players here wish to play down an extension of the range, they wish to create for themselves an advance with reason and presence from the PM visit to Japan to make it a celebration.
Another 75% is necessary, despite the fact we are already up big. Buyers should continue to find the courage to resist taking profits and quietly continue loading. The target of 1.50 is possible here .
Thanks as usual for keeping the feedback coming 👍or 👎
ULTIMATE Stock Indicator flashes buy signal with 8 confirmationsThey recently sold off some underperforming assets, and will play an increasingly central role in COVID testing and vaccine in Japan.
- forming great trend reversal.
- FIBO retracement showing potential resistance/support for stock price.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Major new uptrend in the Japanese marketsJapanese market being forgotten for decades is now sitting at all-time highs with rising 200DMA. It's building a small consolidation above the old highs. A possible long entry for the long term, potentially for years, unless the breakout collapses.
USDJPY quickly recoversThe US dollar has recovered higher against the Japanese yen currency back above the 103.00 level, following another short-lived drop towards the 102.70 area. Technical analysis shows that the USDJPY pair is still trapped inside a large falling wedge pattern. Traders that are bullish towards the pair will be encouraged if bulls continue to hold the price above the bottom of the wedge, around the 102.30 level.
The USDJPY pair is only bullish while trading above the 104.50 level, key resistance is found at the 104.90 and 105.50 levels.
The USDJPY pair is only bearish while trading below the 104.50 level, key support is found at the 102.70 and 102.30 levels.
The CAD/JPY surrenders to the stability of the resistance The CADJPY pair attempted to form some correctional bullish trades recently, while the stability of 81.05 resistance blocks the bullish attempts and reinforces the chances of renewing the negative attempts.
Note that it is important to gather the additional negative momentum to manage to crawl below 80.50 level and open the way to record the main negative targets by reaching 80.05 and 79.60 levels.
With Risk Management you will Never loss.
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Ni225 Bubble Pattern Analysis5 step pattern describing the bubble formation of the Nikkei index in the 1990's.
Phase 1: Trending breakout of basing formation in a strong up-trending move
Phase 2: Trending high-volatility drawdown (usually not related to stock or index itself).
Phase 3: Trending recovery - stock or index shrugs off the high volatility event as it recovers quickly and stronger than before.
Phase 4: Upwards & & sideways non-trending consolidation. Typically choppy trading, but slightly upward move.
Phase 5: 3 Phase blowoff top - breakout of non-trending consolidation followed by a smaller upwards consolidation into final blowoff breakout top.
JAPANESE YEN FUTURES- first chart ever :-) + news from the last just follow with us on the JAPANESE YEN FUTURES- first chart ever :-)
news for today :
1.
Wall Street opens higher after Trump signs $900B aid package
Wall Street is opening higher after President Donald Trump signed a $900 billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new coronavirus variant
GBPJPY :)GBPJPY has dropped to the trendline. Now it seems that the market wants to grow. Our target is 139,671. If the price falls below the trendline, then this idea is no longer valid.
Good luck!
ridethepig | JPY Market Commentary 18.12.2020📌 @ridethepig G10 FX Market Commentary 18.12.2020
What was the point in BOJ meeting overnight? Finally extensions of the handouts coming from the Japanese base, and remarkably the 103.0x was rescued via lack of conviction from macro players to chase it lower. Buyers now can play the break, undoing their opponents work and imagine the test of 105 as being important for the yearly close flows.
This iteration of dollar strength will be most visible in GBPUSD and USDJPY - choppy conditions seem appropriate. Here we are tracking this rather technical move. I am looking firstly for a move towards 105 resistance, followed by a zag to fade back towards 103.5x which is a 300 tick round trip.
Thanks as usual for keeping the feedback coming 👍 or 👎
Green Light on NInja/ Massive Short On CADJPYIn a recent conversation I had with a colleague, we discussed the resurgence of the Japanese currency. The strength of Japan, in the long-term rally, relies on its expansion of credit. This colludes with he fact of the already low rates for the country. Following from recent weeks, the sell off of corporate bonds for Japan is a striking message of growth towards attractiveness as long term investors see a potential for higher yields.
CADJPY analysisCADJPY has been growing for 9 days. From my point of view, the growth will continue until it reaches the top of the triangle or the resistance level. After reaching the landmarks, a downtrend will begin.
Triangle Breakout This WeekUJ seems to be slowing down in momentum when looking from the higher timeframes. I wanna say we are going to remain bearish overall, but I want to see how this is gonna play out. As you can see from the trendlines, this could be just a giant flag for the bull. So let's find out what happens this week:
BULL TPS:
• 107.260
• 107.528
• 108.072
BEAR TPS:
• 106.808
• 106.437
• 105.844
