JXY trade ideas
JPY IS GOING STRONG ALLL JPY CHARTS ARE GOING DOWN FIND THE PRICE ACTION PATTERN IN JPT CHATS RIGHT OPPORTUNITY FOR THIS ASSAT
Japanese Yen Analysis for CADJPY Short!
Disclaimer: Idea is to complement your research.
With CADJPY Short for Bias, JXY (Japanese Yen) has to Pass 91.56 WITH Upside continuation for Upside targets.
Keep in mind:
A Weaker CAD and a Stronger JPY will Bear CADJPY.
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BEARISH TOWARD 87.31PRICE WAS IN TRIANGLE AND NOW TRYING TO BREAK DOWNWARD
WE ARE WAITING FOR ITS STRUGGLE TO END AND GO DOWN TOWARD 87.31 AND THEN 86.59
JXY ANALYSIS IS IMPORTANT AS WE CAN TAKE ADVANTAGE FOR OUR PAIR ANALYSIS WITH WITCH ONE SIDE IS JPY
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JXY: JAPANESE INDEX Japanese Index will grow up soon after retest.
This idea to help you using pair for XXXJPY
If you have idea. Leave comment below and dont forget give me like.
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JXY: Time to Growh UpI have very idea for pair with JPY.
JPY bounce from support Line and ready to grow up
This is my favourite trading pair such as GBPJPY.
If you have idea, Leave comment below and give like this post.
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JXY monthly chartSince long term support was broken, JPY will be weak. But there might be a pullback to the former support line.
jxyJAPANESE YEN CURRENCY INDEX
there is still space for downside
possible reversals and some yen strenght from 91-90 area
Uptrend The yen is experiencing pressure as the dollar gains momentum and the market starts to recover from covid-19. This could be the starting point of a bigger bearish momentum however it is still in the range of a good buying level until it breaks the larger overall uptrend then a downtrend would seem prominent.
Bullish continuation The yen is respecting the uptrend it has been in after bouncing off a support level
However, as the market calms down more from all of the viruses fears the yen might look more unfavorable but for now I suggest riding the trend
