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USD not moving yet

AdamFx42 Veröffentlicht 4 Mar. in #Trader's blog #Trader's #USD Support #Awaiting Data

Usd/Jpy is holding steady at the moment
After my Aud fiasco I am now long Usd/Jpy since yesterday at 119.75,
but the pair has yet to move in any direction
It seems that there is support below around 119.6, and 120 is resistance again
Usd is probably awaiting data to break above that level again
There is lots of data to come this week, and technically the next target for the pair is around 125

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Another week to try my luck :-)

AdamFx42 Veröffentlicht 11 Jan. in #Trader's blog #GBP/USD #EUR/USD #Lows #New Trading Week #Trader's #USD Strength To Continue?

A new week in the land of trading
Most currencies are still under pressure, and may go lower this week:
Usd/Jpy, Eur/Usd, and about every cross do not look good
Because of the technical picture and gains last week,
Nzd/Usd, and Aud/Usd have a good chance of going higher, and so does Gbp/Usd - profiting from Usd pullback,
I will be trading Nzd and Aud this week, and hoping to gain some profits
gl

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USD/JPY still failing at 119

AdamFx42 Veröffentlicht 2 Dec. in #Trader's blog #Trader's #USD/JPY Highs #Pullback Required #119 Barrier

Usd/Jpy keeps trying to break above 119 but failing
The pair is sitting just below 119 now, after a couple of attempts to break the level
Yesterday's spike just above 119 was something that I did not expect,
and it cost me my positions to SLs, and hurt my capital
Still, there was swift action down after the spike,
and 119 is now slowly growing into a huge level of resistance -
the longer it can hold, the more unlikely it will be broken
So, my plan remains the same - sell the weaker Yen crosses
I…

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USD not moving yet

Another week to try my luck :-)

USD/JPY still failing at 119