Posts Tagged ‘USD/JPY’

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USD/JPY and AUD/USD Forecast — February 27th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 27th session. USD/JPY — The trading session was extremely volatile on Wednesday session, as the pair was all over the place. The headlines on Coronavirus situation is dominating this market at the moment. The market is trading above the 110.00 level, which looks supportive. So, pullbacks are still buying opportunities. To the upside, the 112.00 level is the target. AUD/USD […]

USD/JPY and AUD/USD Forecast — February 26th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 26th session. USD/JPY — The trading session was extremely volatile on Tuesday. The market fell towards the 110.00 level, which is psychologically significant at the moment. Also, the market is seen as trading in the middle of this consolidation zone, as you can see from the daily chart. A recovery in the US stock market will cause the pair to rise again. The 50-day […]

USD/JPY and AUD/USD Forecast — February 19th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 19th session. USD/JPY — The pair has been trading inside this ascending price channel. The trading session was initially bearish, but then turned bullish, as the US stock market showed more bullishness. The 110.00 level continues to offer resistance. To the downside, the 50-day EMA will offer support. So, you can expect choppy conditions […]

USD/JPY and AUD/USD Forecast — February 17th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 17th session. USD/JPY — The market saw a sideways price action on Friday. It has been trading inside this ascending price channel. The yen is not lately seen as a safe haven as Japan's economy is on brink of recession. To the downside, you can expect the 50-day EMA could offers support. A break below, then you can […]

USD/JPY and AUD/USD Forecast — February 14th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 14th session. USD/JPY — The 110.00 level is causing strong resistance. So, this market needs a pullback. To the downside, the 50-day EMA, and the bottom of this ascending channel will offer support. A break above the 110.00 level is significant and you can aim for the 115.00 level. AUD/USD — The Aussie is starting to show some signs of resiliency. […]

USD/JPY and AUD/USD Forecast — February 13th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 13th session. USD/JPY — The pair rallied on Wednesday session attempting to break the 110.00 level, which looks like strong resistance. The market is trading within this large consolidation zone between the 115.00 level and the 105.00 level. The market is going to be choppy until it breaks above the 110.00 level. To the downside, you can expect […]

USD/JPY and AUD/USD Forecast — February 12th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 12th session. USD/JPY — The session was slightly bullish for this pair on Tuesday session. The 110.00 level continuous to offer strong resistance. You can wait for a daily candle close above this level to buy and aim for the 112.00 level. The market has been trading inside this ascending price channel. The 50-day EMA is rising and could […]

USD/JPY and AUD/USD Forecast — February 10th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 10th session. USD/JPY — The 110.00 level is causing strong resistance at the moment. So, it makes sense that a pullback is necessary. This market has been chopping around inside this ascending price channel. To the downside, the 50-day EMA, and the 109.00 level look supportive. The market is dominated by risk-on and risk-off sentiment. At the moment, the US […]

USD/JPY Future Direction Hinges on the 109.30 Level — Forex Forecast

Watch this video by Justin Bennett, about his analysis on the USD/JPY pair. In his forecast, you will look at the answer for these two questions. Will the USD/JPY weaken further? Or is the risk-off trade over? USD/JPY — After the pair made a candle close below the 109.30 level, it opened the following week gapping lower. This gap could now act like resistance. It looks like the market is […]

USD/JPY and AUD/USD Forecast — February 7th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the February 7th session. USDJPY — This week saw the USD/JPY to rally nicely to reach the 110.00 level. However, this level looks like strong resistance. Hence, a break above this level is significant and the market could reach up to the 112.00 level. The 50-day EMA is supportive and pullbacks are buying opportunities. AUD/USD — The AUD/USD pair […]

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