The targets set for the Yen on February 19th have almost been reached. The uptrend still has a small potential to reach target number 2, but after that the Yen's downtrend will most likely continue. This is supported by COT reports and activity in option portfolios, which were formed on February 29 (at the local minimum) on the CME exchange. The prices of...
There is a Bullish Shark visible on the Japanese Yen Futures contract expiring on Feb 16th 2024, there is also RSI Bullish Divergence on the 4 Hour Timeframe at this level. A higher low bounce in the JPY from here would likely result in further tightening of the Japanese carry trade, which would be bad for stock and particularly bad for REITs and Financial...
Interest rates are to asset prices, like what gravity is to an apple, once said Warren Buffet. Low interest rates imply low gravitational pull to asset prices. Similarly, a loose interest regime when faced-off against a fierce monetary stance, can send the former currency deflating at an alarming clip. This paper peeks into the Japanese macro environment. It...
Hey traders today I wanted to go over the best Seasonal Patterns in the Japanese Yen Futures or USD/JPY in the Forex Market. The Japanese Yen Futures follows an annual seasonal pattern also correlated with other markets including stocks and bonds. Also the Bank of Japan can heavily influence this market. Knowing when to find these seasonal market patterns on...
this sign is the end of the bullish trend because there is a large volume plus a large candle at the end of this trend and the start of the bearish trend towards the VWAP indicator, as sellers will enter the markets this means that there is an opportunity to sell signal to sell
We have a sell signal Take profit Mentioned in the chart Stop loss: you can close it manually if the market goes up and the green candle cut with force the VWAP Line
Probability: 65% for my prediction the market will keep going up The Take profit and Stop loss mentioned on the chart.
Probability: 65% The market will keep going up. Stop loss & Take profit Montioned on the Chart.
Probability: 65% The market may keep going up and achieve our Target Stop Loss and Take profit as montioned on the chart.
Probability: 65% The market will keep going down and follow the downtrend Line Stop Loss and Take profit on the Chart.
MARKET WILL KEEP GOING UP => Buy signal Please Read carefully: 1) Probability : 65% to the First Target => Blue Line ( our First TP ). 2) Probability: 55% To achieve the second Target => Green line ( our TP2) STOP LOSS :Orange Line ( Manually). If the candle touch our first Take profit ( Blue line) => Take profit and Wait => if the candle cut with Force the...
good probability: the yen will continue keep down next hours
Both the daily charts of AUDJPY and NZDJPY are showing signs of a reversal. With the NZDJPY, we had a double bottom at the 67.00 zone. It is a big support/flip zone. Yesterday we had a break and close above the 69.30 zone which is also a break above the previous swing (lower high). I like the structure here and as long as we hold the breakout zone, I can see...