Posts Tagged ‘USD/JPY’

Watch this video by Justin Bennett, about his analysis on the USD/JPY pair. In his forecast for the USD/JPY pair, he talks about the possibility of buying this pair, as it looks very bullish at the moment, and already up by 180 pips. USD/JPY — The USD/JPY pair has moved up by 180 pips. It looks like there is a potential for another 350 pips.. The 106.80 level was previously resistance. After the pair […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 15th session. USD/JPY — The market is testing the 200-day EMA for resistance. The candlestick from Monday session is a hanging man and a break below the bottom is a sell signal. Then the market could move towards the 107.00 level. The market needs strong fundamentals to break above the 200-day EMA and make a move towards the 110.00 level. AUD/USD — […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 14th session. USD/JPY — The market made a strong move to the upside, testing the 200-day EMA for resistance. To the upside, the 109.00 is major resistance. So, this market could roll over again. Also, keep in mind that the ongoing US-China trade talks have a high influence on this market. If risk-off sentiment dominates this market, then […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 11th session. USD/JPY — Initially, the market was bearish, but then turned around to make a strong move to the upside, after the rumors regarding the US-China trade talks were cleared. To the upside, the 108.50 level will offer strong resistance. As US-China trade talks are going on, it is better to be on the sidelines at the moment, and wait for the Monday […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 9th session. USD/JPY — The USD/JPY pair saw a sideways price action on Tuesday session, as the 50-day EMA is offering strong resistance. To the downside, the 106.50 level is offering strong support. So, this market is going to be choppy at the moment. The US-China trade talks this week will have a significant impact on this pair. Also, […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 8th session. USD/JPY — On Monday session, the market gapped lower on open, but then turned to the upside to make a move towards the 50-day EMA. This pair is so sensitive to risk appetite. Investors are looking to know the outcome of the US-China trade talks, to happen during this week. The market is trying to form a bull flag, as you […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 7th session. USD/JPY — Previously, the market was consolidating between the 50-day EMA, and the 200-day EMA. Now, it has broken below and has turned more bearish and is showing more bearishness. You can make an argument for a double top pattern here and the downside looks more likely. To the downside, the 105.00 level is the target. AUD/USD — […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 4th session. USD/JPY — The pair fell initially on Thursday session, but then turned around to show signs of support. So, it looks like the market could remain in consolidation for a while between the 50-period and the 200-period EMA. This pair is correlated with the S&P 500 index. If it turns bearish, then the next target is […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 3rd session. USD/JPY — The market fell on Wednesday session to test the 50-day EMA for support. It looks like the market could remain in consolidation for a while. A break below the 106.00 level is bearish. Investors are waiting for the release of non-farm payroll numbers out o the US. Hence it is better to be on the sidelines until the data is […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 2nd session. USD/JPY — The Tuesday's trading session was choppy and the market found resistance at the 200-day EMA. Also, the 50-day EMA below will cause support causing this pair to consolidate. A break below the 107.00 level is bearish and the next target to the downside is the 105.00 level. AUD/USD — The Aussie fell strongly on Tuesday session due […]