Posts Tagged ‘USD/JPY’

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USD/JPY and AUD/USD Forecast — September 24th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 24th session. USD/JPY — A break above the 105.00 level is bullish and the next resistance could come at 106.00. However, rallies are short lived, and sellers will arrive into the market on signs of exhaustion. At the moment, the US dollar is strengthening. However, a risk-off sentiment will arrive into the market, and once again the market will experience […]

USD/JPY and AUD/USD Forecast — September 23rd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 23rd session. USD/JPY — The 105.00 level is being tested for resistance. A break above the top of the hammer candlestick is seen as a buy signal. However, rallies towards the 50-day EMA are likely to be capped, and you can sell them on signs of exhaustion. To the downside, the 102.00 level is calling. AUD/USD — The trading session was […]

USD/JPY and AUD/USD Forecast — September 22nd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 22nd session. USD/JPY — The pair initially tried to rally on Monday session, but then turned around to form a hammer candlestick. A break above the 105.00 level is bullish and the next resistance comes at the 50-day EMA. So, rallies are likely to be capped, and will offer selling opportunities on signs of exhaustion. To the downside, the market could test […]

USD/JPY and AUD/USD Forecast — September 21st 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 21st session. USD/JPY — The trading session was slightly bearish on Friday. This was seen as a short covering into the weekend. Rallies towards the 50-day EMA are likely to be faded and you can sell them on signs of exhaustion. A breakdown below the bottom of this candlestick will open the door to much lower levels. AUD/USD — […]

USD/JPY and AUD/USD Forecast — September 18th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 18th session. USD/JPY — The pair has broken below the 105.00 level. So, rallies towards the 50-day EMA are to be faded, and sold on signs of exhaustion. To the downside, the 100.00 level is seen as the long-term target. AUD/USD — There is a confusion at the moment in the market, as you can see that there are a few shooting star […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 17th session. USD/JPY — The 105.00 level is being tested for support. To the upside, the 50-day EMA will likely cap rallies. Hence, rallies that show signs of exhaustion are to be sold. This pair is seen as risk averse at the moment. To the downside, this market could go as low as 102.00. AUD/USD — The aussie looks […]

USD/JPY and AUD/USD Forecast — September 16th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 16th session. USD/JPY — This market is now turning bearish and the 105.00 level below could be tested for support. The 50-day EMA above could cap the rallies. Hence, rallies are to be sold on signs of weakness. The next support could be located at 104.00. AUD/USD — The Aussie looks exhausted at the moment after this […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 14th session. USD/JPY — The 50-day EMA is offering resistance at the moment. Also, the 107.00 level is seen as the beginning of the supply zone. Also, you can make an argument for a wedge pattern. Hence. rallies that show signs of exhaustion are selling opportunities. Only a break above the 109.00 level is seen as a trend change. AUD/USD […]

USD/JPY and AUD/USD Forecast — September 11th 2020

USD/JPY — This market could be drifting sideways. The 50-day EMA above is resistance. So, you need to wait, and look for a large impulsive candle. In the meantime, this market is seen as good for scalpers. AUD/USD — The Aussie is still trading in this uptrend. The Aussie experienced a risk-off move in the later part of the Thursday session. The area below the 0.7100 level is supportive. Also, the 50-day EMA is supportive. […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 10th session. USD/JPY — The 50-day EMA is capping rallies at the moment. This market looks like ready to roll over. Hence, rallies that show signs of weakness are selling opportunities. It is interesting to note that you have a couple of shooting star candlesticks below the 50-day EMA. You need a risk-off sentiment […]

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