Posts Tagged ‘USD/JPY’

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USD/JPY and AUD/USD Forecast — May 1st 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the May 1st session. USD/JPY — This pair rallied on Thursday session trying to break above the 107.50 level, but failed due to strong resistance. As you can see on the daily chart, you can make an argument for a descending triangle pattern. The statement from Jerome Powell, the Fed President has caused the dollar to weaken. So, the investments will flow […]

USD/JPY and AUD/USD Forecast — April 28th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 28th session. USD/JPY — The market tested the 107.00 level for support on Monday session. If a risk-off sentiment to take over the market, then you can expect a break down below the 107.00 level, and the next target to the downside is the 105.00 level. AUD/USD — The Aussie broke to the upside on Monday session and is testing this fresh new high […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 24th session. USD/JPY — The market saw a sideways price action on Thursday session. The market is trading in a range between the 109.00 level and the 107.00 level. You can use this pair as a technical indicator to trade other yen related pairs. So, pay attention to risk appetite at the moment. AUD/USD — The Aussie rallied a bit on Thursday session. […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 23rd session. USD/JPY — The trading session was quiet on Wednesday session. The pair is consolidating between the 109.00 level and the 107.00 level. This pair could be a technical  indicator for your risk appetite. You can use this pair to play other pairs like the NZD/USD pair. If risk-off sentiment will dominate the market, then […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 21st session. USD/JPY — The pair rallied a bit on Monday session. The market is consolidating between the 19.00 level and the 107.00 level. There is not much to this chart at the moment. Pay attention to the risk appetite and play according to the direction of the breakout. AUD/USD — Initially, the market rallied, but unable to hold to the gains. The only way to play this […]

USD/JPY and AUD/USD Forecast — April 20th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 20th session. USD/JPY — The market could be range bound between the 109.00 and the 107.00 level. The market has been very choppy lately. A risk-off sentiment will cause trigger a move towards the 105.00 level. On the other hand, a candle close above the 109.00 level, the 111.00 level will be the next target. AUD/USD — After the comments […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 17th session. USD/JPY — The trading session was volatile on Thursday. Initially, the market fell towards the 107.00 level, Lately, the market has been consolidating between the 109.00 level and the 107.00 level. To the downside, the 105.00 level is the target. To the upside, the 111.00 level is the target. AUD/USD — The Aussie formed a hammer candlestick on Thursday session. Any rally […]

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

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 16th session. USD/JPY — The pair initially tried to rally, but then gave back quite a bit of gains. The 107.00 level looks supportive at the moment. Also, pay attention to the 109.00, 111.00, and 105.00 level. In the meantime, the market could chop around between the 109.00 and the 107.00 level. This market is closely following the stock market at the moment. Hence, […]

USD/JPY and AUD/USD Forecast — April 15th 2020

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 is now testing the 107.00 level. A break down below this level, then the 105.00 level is calling. To the upside, the 109.00 level is offering resistance. Then the 111.00 level will be targeted. The market is trading in a 200 pips range. Hence, pay attention to risk appetite at the moment. AUD/USD […]

USD/JPY and AUD/USD Forecast — April 9th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 9th session. USD/JPY — The market looks a bit confused at the moment. So, the market could likely remain in consolidation between the 109.00 level and the 107.00 level. This pair is sensitive to risk appetite. Observe how the US stock market behaves. If a risk-on sentiment dominates the market, then this pair will rise. AUD/USD — The Aussie […]

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