Posts Tagged ‘USD/JPY’

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 20th session. USD/JPY — The market is trading just below the 50% Fib retracement level and the 200-day EMA. A break below the bottom of this candlestick from Thursday session is bearish and the next target to the downside is the 107.00 level. So, selling rallies that show signs of exhaustion is seen as the way to trade this market at the moment. […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 13th session. USD/JPY — The pair rallied strongly on Thursday session. The market is now trading above the 108.00 level. However, this pair will fall back on headlines related to US-China trade dispute on tariffs. To the upside, the 200-day EMA will offer resistance. The market looks overbought at the moment. So, you can sell rallies on exhaustive candles. […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 12th session. USD/JPY — The market has been bullish and now trading above the 61.8% Fib retracement level. The market could make it up to the 200-day EMA, and the 109.00 level. This market is correlated with the S&P 500 index and the headlines on US-China trade dispute. So, the market could roll over, and you can sell the weakness […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 11th session. USD/JPY — The US stock market is doing well at the moment. This is reflected in this market and this pair is rising as well. To the upside, the 108.00 level, and the 200-period EMA could offer strong resistance. The market has been parabolic at the moment. So, you can consider it as overbought. Keep in mind that this […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 3rd session. USD/JPY — The market experienced low volume on Monday due to Labor Day in the US. The market opened gapping lower, rallied, and then fell back. This is a sign of exhaustion and the maket could fall towards the bottom of the consolidation zone, which is the 105.00 level. You have a jobs number report coming out this week. […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 30th session. USD/JPY — The pair has approached the top of this range, which is the 107.00 level, on Thursday session. Also, the 50-day EMA is just above, and could offer strong resistance. Any negative headlines could bring this pair down and you can aim for the 105.00 level, which is the bottom of this consolidation. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 28th session. USD/JPY — The pair fell a little bit on Tuesday session. At the moment, the market is influenced by the US-China trade dispute related to tariffs. To the downside, the 105.00 level looks supportive. Any break below is very bearish. The 50-day EMA above is resistance. So, rallies are going to be short lived, and you can short […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 26th session. USD/JPY — The Friday session was very bearish for this pair. To the downside, the 105.00 level looks supportive. A break below the 100% Fib retracement level is seen as very bearish. So, fading price action to the upside is the way to trade this market at the moment. The 107.00 is the beginning of the supply zone in this market. Also, […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 23rd session. USD/JPY — The market is range bound and is trading between the 107.00 and the 105.00 level. The speech from Jackson Hole symposium will cause volatility in this market. The 50-day EMA above will cause a lot of resistance. This market is dominated by risk-on, risk-off type of sentiment. It looks like this risk-on move […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 20th session. USD/JJPY — The market on the Monday session rallied strongly towards the 107.00 level, which is resistance. Pay attention the S&P 500 index chart. If it breaks above the resistance, then this pair will also rally. To the downside, the 105.00 level is the target. You can make an argument for a basing pattern. So, you […]