Fundamentals:
No change.
See previous post
Technicals:
Past Resistance = Future Support
Trend in tact
Long-term Intraday wave 4 developing...
Targets: 117 or 118.
No change.
See previous post
Technicals:
Past Resistance = Future Support
Trend in tact
Long-term Intraday wave 4 developing...
Targets: 117 or 118.
Trade active
4 Hour Chart: 1 Hour Chart:
Note
Note
1 Hour: Note
4 Hour: Note
On this 8 hour chart, the price moved from bottom to top of the band in what appears to also be a break out and a retracement to support. On top of this, we can see that a chart of US bond yields, which predict the direction of the USD, remain supportive of the USD going forward. Therefore, buying dips on USDJPY. For several other reasons, I prefer UJ first to tackle the benefits of a strong USD in the coming weeks until March 2022. My stop on USDJPY us 113. Targets@ 116.33 and 117.85 or 121.
Trade active
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.