XDN trade ideas
JXY IdeaI see the Yen going long, short, long for a 618 correction on daily.
Happy trading and trade at your own risk.
A rebound for the JXY?On UT 4 hours, JXY is under a falling wedge pattern (The Falling Wedge is a bullish pattern)
The RSI has a today value around 27 and, in addition, the JXY is close to its support at 88.3
From the upper elements, we can remain aware about and wait for any bullish signal.
If this signal appears, a short on OANDA:USDJPY or EURJPY could be very interesting
From fundamental view, if the TVC:DXY will become weaker in the next month, it will be not surprising if the TVC:JXY would be very much sought.
Stop: 87
TP: 90 (TP1)
JXY / W1 : context remain bullish.. (waiting for signal on D1)Hope this idea will inspire some of you !
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Kindly,
Phil
jpy index expecting up long termjxy is now retracing down the last impulse
i expect long term up move to complete the pattern
Japanese yen is ready to go bearishJPY index has broken out of the channel and has retested it. Get ready to go short
JPY Heading to Key Support as Dollar Strengthens The Yen is currently in a bullish channel . Price seems to be heading to key support. If price does manage to test key support, a long position on major JPY pairs would be wise.
JPY index#JXY is in big flat and it has been began falling trend to completion of B wave of (B). It has been anticipated to falling under level of 85.00. This is equal to JPY index should fall to kheshtak
JXY is dropping soonI see the opportunity to sell JXY since it is in the downtrend
so thats meaning that you can trade any currency pair and expect JXY or Japanese Yen Currency Index (TVC:JXY)
to be WEAK
so the price that it will go to 88.5 area
trade any JPY pairs and have fun
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Thanks
JXY index is setting for reversalHi Treders,
As shown on the JXY chart index, the Yen is setting for reversal,
Yen is known as safe haven in financial market and i expect the trade war event will fuel the demande on all the safe haven instruments.
Trade with care,
Best luck
Omar
Japanese Yen´s impulsive repetetive movesGann square projection for JXY. As you see, Japanese yen (JXY), just as DXY repeats the patterns from the past, each time doing a bigger impulsive wave. Its clear enough that we can kepp going short on XXXJPY pairs as JPY is going only to strengthen. There will be small pullbacks when you can go long on XXXJPY instruments but shorting XXXJPY pairs is much safer until Yen reaches the top.
buy yen again the other currencymy prediction of JXY shows that we are in the begning of new powerful trend which provide us a brillant oppurtunity to buy japeniss yen
Japanese Yen mirrors GoldWhile trading, it is worth knowing that Japanese Yen closely follows Gold, both intraday and on bigger timeframes. Both instruments mirror each other. So, XAUUSD analysis are valid for USDJPY, only in reverse order, i.e. if XAUUSD will move up a few ticks USDJPY will move down the same distance. Safe trading! The chart above demonstrates this correlation. I chose Japanese Yen Index for that, which is nearly same as USDJPY in reverse, as in USDJPY Yen is a quote currency.
