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JPY-Buy

Olá queridos,
O JPY desde o começo da semana começou com muita força e teve uma pequena correção devido uma forte resistência,mas acredito ainda que o JPY permanece forte e apenas na abertura do mercado na próxima semana vamos poder ver alguma decisão de continuidade ou não de tendência.
Obrigado Dukascopy pela oportunidade e boa sorte para todos.
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Yuliya_N avatar
Yuliya_N 13 Apr.

Good luck too

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My Trading Journey- SELL EURO/JPY @ 121.28

I'm Bias for this pair my position SELL EURO/JPY @ 121.28 or better TAKE PROFIT 120.24 ( EXTENDABLE)
STOP LOSS 121.94 ( USE TRELLING STOP)
OUTLOOK:
The forecast is for good European data to continue to support the euro, probably to the 50% retracement level of 1.0854 and beyond. Our position in the euro/yen is therefore suspect. For one thing, it runs counter to the yield differentials and to the fundamentals.
The euro “should” be stronger against the yen, not weaker, revealing once again that …
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EUR/JPY Firmly in Triangle Pattern

The EUR/JPY is now firmly inside a large triangle pattern. Look at the weekly chart below. Prices have been stuck inside this formation for the past several months. And while this is a trend continuation pattern, until the bears manage to break out range-bound trading will persist.
Let's take a look at a lower time-frame chart as well to get a fuller picture. On the daily chart below this range-bound behavior is even more evident. Notice how prices have stayed virtually flat since the start of t…
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Monetary policy from Japan

Hi, dear traders
This evening I made my weekly analyse and this is what I saw on the market. I noticed that EURJPY, AUDJPY and NZDJPY are in strong levels of support. Also BOJ is going to have meeting for monetary policy on 20-21 September. My conclusion is to trade AUDJPY an NZDJPY in long because of the low margin which AUD and NZD have. I noticed strong levels of support on AUDUSD and NZDUSD. Moreover, you can use small Stop Losses. I apply pictures of my weekly analyse
Have a profitable week
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USD/JPY Targets Brexit Highs

The USD/JPY is finally trending up after a long bear market. After some Dollar positive comments at Jackson Hole the pair got a lift. We’re now trading 336 pips higher from the lows marked on August 26th.
Where can we look for a potential target? The average monthly range in this pair has been 520 pips. But that’s low to high, not open to close. A more conservative target would be in the 300 pips range.
On our chart above we see a level that qualifies. The pre-Brexit highs at 106.80 are importa…
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GBP Better Bid As May Takes The Reins

In the FX market, the pound sterling continues to rally as Theresa May takes over the reins as Prime Minister. The fact that she has made it clear that she won’t rush to push the Brexit button has helped clouds to dissipate in the short-term and allowed the pound to rally for a fourth day in row, up to $1.33, while it was still trading at around $1.29 last Friday.However, the pound’s upside potential may be limited as the BoE is expected to cut its benchmark interest rate on Thursday. GBP/USD tr…
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The EUR/JPY Could Have Hard Time Breaking 115

The EUR/JPY could have a hard time breaking the 115 round figure. Prices are already up over 500 pips from the 109.48 lows. But perhaps more important, we've yet to reclaim the 50% retracement level. This was easily done in the USD/JPY for example. To me this signals that the Euro woes will continue to weigh on this pair.
The Brexit could lead to more ECB easing as well as calls for referendums in other EU nations. This will be an ongoing problem that the USD for example doesn't have. But I'm no…
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fxsurprise8 avatar

So far so good. The pair spent most of July in a range between 118.50 and 110.82. Granted the highs were a bit higher then I thought but the market will always aim for the extreme.

The unexpected market frenzy regarding 'helicopter money' took Yen pairs way beyond fundamentals this month. Eventually the BOJ poured cold water on the fantasy and we saw the EUR/JPY come crashing down near the end of the month.

fxsurprise8 avatar

With only few hours to go, we're currently quoted at 114.13, about 40 pips below my forecasted price. Considering that today we saw the pair trade as high as 114.72 in Asia, there's still hope for a closer result.

Overall it wasn't a bad forecast. My main expectations was for some range-bound trading post-Brexit. This was generally correct. Even though volatility was much higher then expected, prices kept reverting back to the mean around 114.50 Euros per Yen.

fxsurprise8 avatar

The pair closed the contest period at 114.065, 46.9 pips away from my forecast. In percentage terms this is around 0.41%. This should be enough to score a winning position but probably not at the top.

Today went similarly to how the entire previous month did, lots of volatility with little to show for it. The daily high stands at 114.73 while the low is at 113.92. From open to the mid-day price at 12:00 however, the range was only 17 pips.

Market participants are trying to outsmart each other but with the summer in full swing and the BOJ behind us, trends are bound to be short-lived here.

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USDJpy strength returning

UsdJpy is returning as the pair breaks above 1.10
Other Yen crosses follow the move up
I was long CadJpy before the Cad data releases today, and I have made almost 100 pips on that pair
I am back above 100K again - 130K before weekend close
I am back from a drawdown of 80% - I was down to 29K!
I was going to give up, but then again you never know
I shall see what I can do next week
gl all today
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USD/JPY pushing 105 yet again, NFP today

Usd/Jpy is hovering just below 105 today, ready to break it at any moment,
NFP release is due at 13:30 GMT - and if the numbers are good we should see traders step into buying USD
and another attempt at breaking 105.3 resistance area in Usd/Jpy
I have placed a buy stop just above 105, so a break of the psychological number
and a move up above it - maybe due to the data release - will get me some pips
I am anticipating the Yen crosses to move up along with Usd/Jpy;
Gbp/Jpy is rather low at the mo…
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EUR/JPY

Currently Eur/Jpy and Gbp/Jpy are showing strength on daily and 4H chart, but daily volumes can show that in coming day some weakness can be seen in both these pairs, I have short as the price is in supply zone, retail might be correct but smart money can prove them wrong so even if the price is in supply zone it can be manipulated to siphoned off the profits. More over any kind of stimulus we expect from JPY in order to avoid downward economy risk would further bring weakness in Jpy currency.
A…
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