Should JXY finds support at trendline @91.4 next week??? JXY has new fiscal stimulus for next year, and suppose to support the currency to be higher. We will observe if JXY finds substantial support at trendline and find good time to buy!
SNP500 is recovering back to Fibo @ 50% and 61.8. SL above 61.8% Earning season will end soon. End of month is approaching, next week will be important for closing price of Jan, 2019.
SNP500 is recovering back to Fibo @ 50% and 61.8. SL above 61.8% Earning season will end soon. End of month is approaching, next week will be important for closing price of Jan, 2019.
@EURJPY goes to mixed and consolidate. Price action should be carefully considered, and patience is a key for success.
JXY finds the strong support @fibo 61.8, and rebounds back to resistance trendline. Much looking foward to seeing the breakout and pullback for LONG.
DXY looks exhausted when almost reaches fibo 61.8%. Some inverted hammer candles appeared, revealed sellers. Then look for price action @fibo 61.8, and short as you can.
@GBPJPY After breaching down the trendline @149, price action @149 becomes resistance. Price now rallies in consolidation area between fibo 23.6% @149, Fibo 38.2 @144.32 Fibo 50% @ 140.60 Let get some swing profit and short as much as you can when price @ 149
USD JPY finds support @110.7 area, after breakout the trendline successful. Buy from 111,0- 111,4, TP 115, TP2 116.2
After finishing 5 waves correction downside, EU start impulse back. I believe in AB=CD formation, and still inside the right shoulder of Downtrend. We keep see price action till 17.OCT.
JXY test support @61.8% for many times, and now JXY will fly high. USD @ high price area, UJ price action stops strongly @144. EJ @130, GJ @149. AUD @83.