NZDJPY Bearish
מעודכן
With stronger JPY lately (esp after last Friday's US strike in Syria) together with another risk-haven gold, and no signs of recovery yet for NZD, this pair is more likely to continue being bearish. I've setup a higher stop order in MT4, and a late but more conservative version here in tradingview, few pips below current period's S1 pivot line, with TPs at S2 and S3 respectively, and SL near base pivot line.
dailyfx.com/forex/market_alert/2017/04/07/Japanese-Yen-Gold-Prices-Rise-as-US-Strikes-Syria.html
seekingalpha.com/article/4061369-usd-jpy-trade-make-right-now
dailyfx.com/forex/technical/article/cross-market_technical_update/2017/04/11/USDJPY-Short-Term-Downtrend-Resumes-WEgsi.html
D:
W:
Confidence: B (though sentiment, fundamentals and technicals are aligned, there's a possibility of a recovery/reversal soon since most hedge funds are betting a weaker yen in the long-run, and if AUD recovers again sooner, NZD might follow suit)
dailyfx.com/forex/market_alert/2017/04/07/Japanese-Yen-Gold-Prices-Rise-as-US-Strikes-Syria.html
seekingalpha.com/article/4061369-usd-jpy-trade-make-right-now
dailyfx.com/forex/technical/article/cross-market_technical_update/2017/04/11/USDJPY-Short-Term-Downtrend-Resumes-WEgsi.html
D:
W:
Confidence: B (though sentiment, fundamentals and technicals are aligned, there's a possibility of a recovery/reversal soon since most hedge funds are betting a weaker yen in the long-run, and if AUD recovers again sooner, NZD might follow suit)
הערה
Watching closely because of this news:dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2017/04/12/Yen-May-Erase-Gains-if-Russia-US-Find-Common-Ground.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open
Since NZD is still weak regardless, waiting for a hit in TP1 at least.
עסקה סגורה: היעד הושג
Thankfully TP1 was hit before reversing for good.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.