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Usdjpyprediction

USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- Today is a fairly important day for USDJPY. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the USPJPY is being hit hardest by the JPY. This is because some of the things that JAPAN issues are DATA and UPDATES are somewhat NEGATIVE. - JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE is at 0.00762 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - USDJPY PRICE can be REJECT at 134.47 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. USDJPY may change due to US PCE DATA due today. - USDJPY PRICE can go to 134.47 LEVEL. Before that maybe a RETRACEMENT to 127.48 LEVEL can come up on the TREND LINE. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
by benny_marshall
USDJPY H4 FORECAST BUY 1.5R TARGETWe consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move awaiting the market to open so that it may continue to manifest. We manage and protect our capital buy using a reasonable lot size and not to risk more than 2.5% of our capital and we open one position only until we hit our profit target. Our exit levels are as shown on the chart. Wish you a successful week ahead.
Long
by Piptera-Digital-Solutions
3
USDJPY - Investor Has Left The Chart| 28th February 2020Previous post of USD will hit the 109.347 Correction is happening towards the US markets. Dow Jones lose 1200 points while stocks fell for the six(6) straight days. On 12th Feb equities peaked. Dow Jones fell around 10%. The selling almost equal like S&P500 and Nasdaq. On the other hand, Yen and Franc has been main beneficiaries of risk aversion. Investors sought safety in Dollar. All that has reset when lots of investors leave the greenback and it driving lower towards all major currencies except CAD (Canada dollar). Lots of my traders under me since I am IB (introduce broker) wondering the dollar relinquished its safe haven status and boils down to the fear the the US will be the next to experiences a sudden increase in n-covid19. If you guys see in Asia and Europe, the virus spreading rapidly. The Center of Disease Control warned of more outbreaks. President Trump failed to reassure investors that the virus can be contained. Only 445 people have been tested for the virus according to the CDC as of February 25th. This compares to 7,100 people who have been tested in the UK and tens of thousands more abroad. In just one province in Canada (Ontario), 629 tests were conducted. So the price action in the market reflects the fear that the number of cases will explode when the testing requirements broaden. The deepening sell-off in US stocks and Treasury yields also driven investors out of US assets. Ten year Treasury yields dropped to a record low of 1.24%. These moves bas investors looking for a response from the Federal Reserve. So far we've heard very little from Powell & company but futures are pricing in 75bp of easing this year. While this may seem aggressive, if the selling doesn't subside, Powell will have to reassure investors by suggesting that a rate cut is possible. I have find out that these are the reason why investors has left the Dollar chart a. Fear that United State of America will be the next major outbreak coronavirus b. President Trump failed to reassure investor thus sending stocks tumbling over c. Correction another 2% drop in equities market d. Ten(10) years yields drop below 1.3% e. Fed fund futures pricing in 75bp of easing this year The only currency that was hit harder by selling today was the Canadian dollar Oil is getting crushed by the coronavirus. The price of crude dropped to a 1 year low as investors worry that the virus could lead to the biggest demand shock since the 2008 financial crisis. With suspended flights and economic activity in China slow to recover after grinding to a halt, global oil demand could contract for the first time in 10 years on a quarterly basis. OPEC will respond with production cuts but that may not be enough to stem the slide. The Bank of Canada meets next week and the worry is that they could surprise with a rate cut. We think that's unlikely given the BoC's previous comments about the limited virus impact but surely their confidence has weakened. Fourth quarterly and monthly GDP numbers are scheduled for release on Friday. A significant slowdown is expected for Q4 but forecasts are low so an upside surprise is possible as well. The best performing currency was the euro which rose nearly 1% against the US dollar. The currency pair benefitted from stronger Eurozone confidence numbers and a downward revision to the personal consumption component of US Q4 GDP. It is difficult to foresee the rally in EUR/USD continuing with the virus spreading quickly across Europe. The German and Italian economies were faltering before we even heard about the words coronavirus and with the outbreak hitting the industrial heartland of Italy, 2020 could be another ugly year for Europe. Italy was one of the weakest European economies in 2019 while Germany barely avoided recession. For all of these reasons, we expect the rally in EUR/USD to hit a brick wall quickly. Regards, Zezu Zaza
Short
by Zezu_Zaza
1