$USDJPY: Down trend reversing here...
Interesting turn of events after this long weekend, we had the Taiwan elections and the GOP Iowa caucus results favoring Trump by a landslide...FX trends are turning around with the Dollar Index reflecting this, paired with recent doubts of projected rate cuts timing after inflation data came out.
I would suggest buying some exposure to
USDJPY longs here, entry is good with low risk to capture a potential large up swing if the stop here is never hit.
Best of luck!
Cheers,
Ivan Labrie.
I would suggest buying some exposure to
USDJPY longs here, entry is good with low risk to capture a potential large up swing if the stop here is never hit.Best of luck!
Cheers,
Ivan Labrie.
Note
Big picture view...yearly trend active, quarterly can signal something again, monthly too...
Used 1 quarter and 1 year EMAs there (trading days for periods)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.