Posts Tagged ‘USD/JPY’

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 19th session. USD/JPY — The market is facing strong resistance at 112.00 and rolled over on Thursday session. It looks like the market is attempting to form an ascending triangle pattern. A break to the upside is bullish. Pullbacks are seen as buying opportunities., as both the moving averages below look supportive. AUD/USD — The pair pulled back a bit […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 18th session. USD/JPY — The Wednesday trading session was pretty flat. A break above the top of the candlestick from Wednesday session is bullish and the market could make its way towards the 113.50 level. The 50-day EMA is below and it could offer support. So, pullbacks are seen as buying opportunities at the moment. Selling this pair […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 17th session. USD/JPY — The market is pressing for resistance at 112.00. There exists plenty of support below. So, pullbacks are seen as value at the moment with this pair. To the upside, the 113.50 is the next target. The 50-period EMA below could offer support. The market needs to get below the moving average to consider selling in this market. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 16th session. USD/JPY — The Monday session was pretty quiet. The market is trading close to the top of this consolidation zone, which could offer significant resistance. A break above could lead to 113.50. So, pullbacks are seen as buying opportunities. Selling is not looking attractive at the moment, as this market looks bullish at the moment. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 15th session. USD/JPY — The market on Friday attempted to break above the top of this consolidation zone. A break above the top of the candlestick at 112.15 is seen as bullish, with 113.50 as the target to the upside. So, you can view pullbacks as buying opportunities at the moment. AUD/USD — Though the market looks bullish at the moment, the 200-day EMA above could cause […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 12th session. USD/JPY — The Thursday session saw the market to make a strong bullish move to the upside. However, you need to see the market clear the 1.12 level to see strong bullishness in this market. The 50-period EMA below looks supportive. To the upside, the 113.00 is the target. Selling is not recommended until the market gets below the moving averages. […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 11th session. USD/JPY — The market did not see much in the way of action on Wednesday session, as the ECB press conference and the FOMC Meeting minutes did not have a significant impact on the market. The market is trading within this consolidation zone, as you can see on the daily chart. So, you can stay on the sidelines at the moment, until we […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 10th session. USD/JPY — On Tuesday session, the market rolled over as it reached towards the top of this consolidation zone. This means that the market could remain in this consolidation zone for w while, with 110.00 as bottom, and 112.00 as top. This market is reflecting the S&P 500 at the moment. So, the market could drift lower, and reach […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 5th session. USD/JPY — The pair rallied on Thursday session and broke above the 111.50 level. However, it has entered into a zone which is seen as strong resistance. A break above this zone, you can aim this market to go towards the 113.50 level. To the downside, the 50-period EMA could offer support. You can expect […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 29th session. USD/JPY — Initially, the market fell back, and then showed signs of strength. However, this is market seem to be in consolidation. So, you can utilize pullbacks as buying opportunities. Until the market breaks out of the range, you can only expect short-term back and forth movements. AUDUSD — The market initially rallied, but […]