USDJPY | Perspective for the new week | follow-up details
Uppdaterad
The crisis in the US banking sector last week lured market participants into a safe haven in the Yen as the US dollar showed signs of losing momentum. Following this development; the Yen closed the week with approximately 3% gain against the dollar. Heading into the new week, the Greenback doesn't seem popular at this moment as the call for rewidening the Fed's balance sheet grows stronger and we can not ignore the upcoming Federal Reserve decision which will trigger a risk-aversed perspective.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Handel aktiv
The week has started on a bearish note as price action breaks out of the channel and appears breakdown/retest the 131.000 level for more selling opportunities.Good morning
Handel aktiv
Secure sell positionsHandel aktiv
A reversal pattern identified in the 15-minute timeframe as buying pressure resumed above the 131.000 level - a level known for buying memory in the last 10 monthsHandel aktiv
Trade stängt manuellt
After being taken out of the buy position, it appears the bulls could not sustain the momentum thereby leading to price dropping below 131.450. So, the newly identified bullish trendline will be used as a guide as a breakdown/retest of this trendline will incite selling opportunities.Handel aktiv
Re-entry triggered, secure the current position as we look forward to more buying opportunities if the price remains above structure. Join our morning live session for more detailsGood morning
Handel aktiv
Second buy position triggered, secure all positionsHandel aktiv
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Handel aktiv
Secure all buy positionsHandel aktiv
Secure all buy positions as the tendency of a continued bullish momentum still exists. However, a breakdown of the 132.250 level could incite selling opportunities but will need some confirmations to join. Good morning
Handel aktiv
Secure all buy positionsHandel aktiv
Price action takes out the buy positions with approximately 150 pips in profit as I missed this impulse leg following the interest rate hike decision. Waiting for normalcy... uopdate coming up soonHandel aktiv
Simple set up on the 15 minutes timeframeKommentera
Sell position triggered, secure position as we look out for more opportunities to add to our existing position.Good morning
Handel aktiv
Just as discussed during our live session today, a reversal pattern is observedHandel aktiv
Secure buy positionsTrade stängt manuellt
Price action takes out the buy position with a small profitHandel aktiv
Secure sell positions as price action continue to trade below the 131.000 level; a break out/retest of the 131.000 level will resume buying opportunities.Good morning
Handel aktiv
Secure sell positions as price action continue to trade below the 131.000 level; a breakout/retest of the 131.000 level will resume buying opportunities.Good morning
Handel aktiv
Just as discussed during our live session this morning, secure all buy positions as the second position is been triggered.Handel aktiv
Just as discussed during our live session today, we are not negating the potential of the buyers as a breakout/retest of the wedge could welcome buying opportunities. Ensure all sell positions are securedHandel aktiv
OUTLOOK on the 15 minutes timeframeKommentera
Handel aktiv
Secure buy positionHandel aktiv
Secure positionHandel aktiv
UPDATE
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