31/08/21 GBPJPY Trade Idea Update SL hit due to JPY gaining strength and UK Equities showing weakness.
when support is found around 151.000 will look to reenter
JXY trade ideas
JXY OUTLOOK FOR AUG 29 - SEP 3 first mark up for JXY as I am introducing a new trading pair to my list - GBPJPY
- will start doing weekly reviews / outlooks, along with Economic Data in relation to the value of the Japanese Yen
- will be using JXY as tool to gauge the price differences between GBPJPY
- will also be looking at the UK Equities market, Asian Equities market
- conducting fundamental analysis for GBP and JPY
JXY 2H Greetings hunters we have a demand zone holding price we may foresee a potential move to the upside.
yen currency indexthe yen pair is about to gain some strength ,wait for a clean correction then we can long the yen.
JXY trend analysis updateI expect the yen to come out with a very big downtrend. Last week's high is believed to be the new monthly resistance key level.
20/07/21 DXY / JXY UPDATE - No major Economic Data release for DXY in the week as we have NFP next week.
- Indecision and uncertainty period in the market as Delta variant fears, Economic Data where it needs to be, and a standstill in tapering of stimulus / Interest Rate Hike talks
JXY Broke TrendJXY has broken the upward trend and has already retested. Looking for it to go bearish for a while, which means a BUY scenario for GBPJPY soon. See my last post on GBPJPY
JXY Strength, Retesting Major Broken Resistance. XXXJPY BearishBig legs down on XXXJPY pairs incoming
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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