USD/JPY Very Clean Selling
Very nice respect of the 20 50 100 MA setup here in the USD/JPY downtrend.
We selling USD against Yen as it had the biggest rally when US yields went up and have the most room to fall back now Yields dropping.
Just wait for rejection off the 50 or 100 and can surf the downtrend on this fast moving pair.
Tracking US 10yr yields so keep an eye on them but downside targets are the Y130 levels
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We selling USD against Yen as it had the biggest rally when US yields went up and have the most room to fall back now Yields dropping.
Just wait for rejection off the 50 or 100 and can surf the downtrend on this fast moving pair.
Tracking US 10yr yields so keep an eye on them but downside targets are the Y130 levels
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
“Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based o n a recommendation, forecast or any information supplied by any third-party."
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