adamforex

adamforex Updated 

As stocks have rallied over the past few weeks on risk on sentiment, the JPY has had a pullback, but I see this as a buying opportunity. I believe longer term, the JPY against most other major currencies is a buy. In the media there are a lot of analysts and economists saying the worst is over of the pandemic and the global economy is going to return to growth, I...

adamforex Updated 

I did mention in the EURJPY setup previously, that the end of December to beginning of January are often found as volatile periods for many currency pairs, forming their high or low for the following year. It is statistically over 70%. I am going to look here at a NZDJPY short, sticking to the same JPY bias I had in my and EURJPY setup. The main confluences here...

adamforex

A trade I am looking at is a big long term move on EURJPY. Firstly, just a note for JPY, the BoJ monetary policy is really at its limits and as I said in the JPY analysis that I do not see the BoJ cutting rates or adding more stimulus now that they have got a very large fiscal stimulus package which they wanted. However, on the other hand the ECB already have...

adamforex

Gold trend line analysis

adamforex

GBPJPY

adamforex

USDJPY SUPPLY/DEMAND