YEN WEEKLY REVIEW OCT 3RD - 8TH 2021 not much else to discuss poor week for Yen from technical stand point and fundamental due to poor economic data
JXY trade ideas
Japanese Yen Currency Index (JPY) Time Wave AnalysisHello.
This is Japanese Yen Currency Index (JPY) Time Wave Analysis.
The yen is in a monthly downtrend. After the correction, we expect the flow to lead to a downtrend again.
good luck.
JXY INDICE DES DEVISE JAPONAISES , BUYBreak of a chartist figure , retracement at 61,8 coincides with technical support , price above moving average 20, 50, 100 , relative strength index above its neutral zone 50 . 4H
JPY is getting StrongerLongterm move, Monthly, Jpy will be up for few months.
For scalpers or intradays trading, make sure to monitor smaller tf especially Daily and h4 movements.
JXY WEEKLY REVIEW AUGUST 29TH - SEPTEMBER 3RD $% bro trading is very sensitivity like who give af i just typed in all caps, no one is shouting b f off let me post lol
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 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
