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Uj

usdjpy sell after correction It was an uncertain beginning of the week for the commodity currencies. In the meanwhile, how have the Asian currencies done? For the Japanese Yen There has been little influence from the economic calendar, with stats limited to current account figures that failed to move the dial. The lack of stats left the Yen in the hands of the news wires that dictated market risk sentiment in the week. We see the Yen set for a surge should there be a marked pickup in new coronavirus infections and increases in the mortality rate.
Short
by isaac886
2
USD/JPY Short IdeaI've been short risk pairs for the past 12 months or so and as I see it at the minute there is no reason to change my views. IMO The market has gotten a little ahead of itself after Trump stepped back from War with Iran yesterday. For me there are still numerous risks ahead in the coming months, Manufacturing is still winding down in most major economies (last weeks ISM number was the lowest in a decade) the Iran situation along with whatever is going on with North Korea poses surprise risk factors, Brexit is not a done deal yet and lets not mention whatever the Fed is doing in the Repo market which although nobody seems to be talking about it, seems highly unusual. So with all that in mind I will start a small short position here with an add at the daily trend line resistance, if we continue higher from there, I will wait until the 61.8 daily Fib retracement before I scale in completely.
Short
by dt6invest
UJ UPDATE, PENGUINS NEVER SLEEPS :) USDJPY 11/12/2019 Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few different types of reactions from this level Target sign - the first target to focus on Thunder sign - spot to react - possible jump to push into reversal Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
by Snipers-Academy
USDJPY Potential CTL RetestI’ll be watching UJ along with US Equities & Gold to gauge whether or not this setup is truly risk off. Ultimately, it is likely to bounce before a larger countertrend move to the downside. If no immediate rejection from the zone identified takes place, shorts could get rekt. Whether up or down, a setup should materialize. Short term bullish, medium term bearish is what I’m thinking. Side note: We have Cheeto Bandito in the Whitehouse with dusty hand puppet Jerome Powell going absolute full send hyperinflation (QE )straight into equity futures.
Long
by bryanrg
1