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Usjpy

USDJPY Massive Long! BUY! My dear followers, This is my opinion on the USDJPY next move: The asset is approaching an important pivot point 145.64 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 146.84 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GOLD TRADING IDEA 03 NOVEMBER 2022With the 75 basis point rate hike in yesterday FOMC Statement & the data dependent slow down in December, we got impulsive bearish move after rejecting from 1668-1670. We have been mentioning 1675-1680 as the key level of rejection in our last gold trade reports. with this hawkish move from FED we can still see the US dollar getting stronger in higher time frame , leading to gold sell off . unless we don't have any relative events to bring down the dollar strength like currency intervention by Japan & china , bond buying from UK, we are not expecting any major strenght in gold. with the FED being more promising on their rate hike plan and bring down inflation we can see high demand in US dollar and it can go up in aggressive manner, We are still bearish bias in higher as well as lower time frame ,So no point of we buying gold unless its not a scalping trade from key levels, Trade setup for today. 1.any pullback to 1646-1648 is sell opportunity target 1610-1615 2.Break below 1632 is sell Targeting 1610-1615, 3.Any fundamental event supporting dollar weakness can bring the strength in gold as the short term support 1626-1628 is still playing well. 4. Short term buy above 1655 after a confirmation Targeting -1670-1675.
OANDA:XAUUSD
by Fxoverseas
Possible Bullish Movement comming on Dollar Index CHART EXPLANATION: We observe that price broke the Ascending Trendline and did a strong bearish movement towards the Support Zone. However, it could not break it and did a double bottom pattern, breaking the Descending Trendline. Now we are waiting a movement to the Resistance Zone at 98.30, and, if the zone is broken then it could go to the Resistance Zone at 99.30. If not, then we will wait for a bounce towards the Support Zone.
TVC:DXYLong
by ThinkingAntsOk
Fed-driven dollar jump winds as long-term Fed stance is unclearThe situation on Korean peninsula remains one of the most high-quality and coherent dollar signals, especially paired with the yen. USDJPY lost half a percentage point in the course of trading on Friday after Kim Jong-un again threatened to conduct a nuclear test in response to Trump's statement to destroy North Korea. In the medium term, USDJPY buyers remain the dominant force due to the growing divergence of policies of the two central banks. The North Korean foreign minister promised investors a very hectic weekend saying that testing the bomb in the Pacific Ocean would have “unprecedented scale." The Korean Kospi index closed Friday at a loss of 0.74%, the Nikkei 225 interrupted the weekly growth losing 0.25%, as investors decided to cut risk exposure before the end of the week. Despite the proximity of Japan to a source of trouble, the yen continues to be in demand in moments of instability due to the country's status of a "net lender.” The Fed this week has portrayed itself as much optimist as possible, but even this was not enough to reverse the trend for the dollar. After correction above 92.00 level, the dollar index is inferior to virtually on all fronts against the main opponents. The hint of a rate hike in December allowed the US currency to only breathe in before the next dive, as the Fed's long-term position, with the end of the Yellen period in February, looks very uncertain. Gold continues to struggle for a level of $ 1,300 and will probably end the week with minimal changes, the oil market can maintain its outlook for growth closing the week above $50 per barrel. Arthur Idiatulin
TVC:DXYShort
by Tickmill