Posts Tagged ‘USD/JPY’

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 21st session. USD/JPY — The pair tried to rally on Friday session, but rolled over due to resistance. The 50-day EMA above will likely cap rallies and rallies that show signs of exhaustion are selling opportunities. The 102.00 level is seen as the target to the downside. AUD/USD — The Aussie looks resilient and set to look go higher. […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 16th session. USD/JPY — The pair tried to rally on Tuesday session, but rolled over due to resistance at the 104.00 level. Also, the 50-day EMA will likely cap rallies. So, rallies that show signs of exhaustion are selling opportunities. The 102.00 level is seen as a major level to the downside. AUD/USD — The Aussie looks resilient […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 14th session. USD/JPY — The pair tried to break down below the 104.00 level on Friday session. But the 104.00 level offered strong support. The 50-day EMA above could likely cap rallies. So, rallies that show signs of weakness are selling opportunities. Also, this downtrend line will come into play. The 102.00 […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 11th session. USD/JPY — The pair rallied initially, but then rolled over to show signs of weakness. The 50-day EMA and this downtrend line are resistance. So, rallies are likely to be capped, and you can sell them on signs of exhaustion. To the downside, the 102.00 level could be the target. You need to see a daily candle […]

USD/JPY and AUD/USD Forecast — December 10th

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 10th session. USD/JPY — The trading session was quiet on Wednesday. The 50-day EMA could likely cap rallies to the upside. So, rallies that show signs of exhaustion are selling opportunities. AUD/USD — The Aussie found resistance at the 0.7500 level and pulled back. A daily candle close above this level is very bullish and the 0.8000 […]

USD/JPY and AUD/USD Forecast — December 8th

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 8th session. USD/JPY — The pair rallied on Monday session, but then found resistance at this bearish trendline to roll over again. The 50-day EMA above is resistance. So, fading short-term rallies is the way to play this market at the moment. A breakdown below the 103.00 level is very bearish and the 102.00 level is seen […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 7th session. USD/JPY — The pair rallied slightly after the release of non-farm payroll report. However, the market could not overcome the resistance at the 50-day EMA. So, rallies are likely to be capped, and you can sell them on signs of exhaustion. The 102.00 level is seen as the target to the downside. AUD/USD — The Aussie rallied slightly to the upside […]

USD/JPY and AUD/USD Forecast — December 4th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 4th session. USD/JPY — The trading session was slightly bearish and the market has fallen towards these lows. It looks like the market is trying to build enough momentum to breakdown below the 104.00 level. So, rallies that show signs of exhaustion are selling opportunities. AUD/USD — The Aussie tried to break above the 0.7450 […]

USD/JPY and AUD/USD Forecast — December 2nd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  December 2nd session. USD/JPY — The pair tried to rally on Tuesday session, but found the 50-day EMA to be strong resistance. As you can see on the daily chart, you can make an argument for a symmetric triangle pattern. So, fading short-term rallies will continue to work in this market. AUD/USD — The Aussie looks resilient at the moment. You […]

USD/JPY and AUD/USD Forecast — November 30th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 30th session. USD/JPY — The pair has tried to break below the 104.00l level on Friday session, but then bounced back to show signs of support. The market has been in a downtrend and you can make an argument for a symmetric triangle pattern. The area above the 50-day EMA is seen as a zone of resistance. So, rallies to the upside are likely […]

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