Short USDJPY
- Technically, I have identified 3 major resistance that the price may test however the overall trend will be a sell.
The Gross Domestic Product (GDP) @ 26 Apr 2019 12:30 GMT may also push the dollar down.
I would suggest you use a stop loss which should be the next resistance level if the market doesn't go down.
- Fundamentally, there are 4 major news next week which will greatly affect the dollar, however the (Fed) Interest Rate Decision 1 May 2019 18:00 GMT carries the most weight. As the rate is likely going to be unchanged, the price of dollar is likely going to fall.
*Consumer Confidence Index, 30 Apr 2019 14:00 GMT
*Nonfarm Employment Change, 1 May 2019 12:15 GMT
*Manufacturing Purchasing Managers Index (PMI),1 May 2019 14:00 GMT
*(Fed) Interest Rate Decision, 1 May 2019 18:00 GMT
Happy Trading
The Gross Domestic Product (GDP) @ 26 Apr 2019 12:30 GMT may also push the dollar down.
I would suggest you use a stop loss which should be the next resistance level if the market doesn't go down.
- Fundamentally, there are 4 major news next week which will greatly affect the dollar, however the (Fed) Interest Rate Decision 1 May 2019 18:00 GMT carries the most weight. As the rate is likely going to be unchanged, the price of dollar is likely going to fall.
*Consumer Confidence Index, 30 Apr 2019 14:00 GMT
*Nonfarm Employment Change, 1 May 2019 12:15 GMT
*Manufacturing Purchasing Managers Index (PMI),1 May 2019 14:00 GMT
*(Fed) Interest Rate Decision, 1 May 2019 18:00 GMT
Happy Trading
Transaction en cours
Hopefully it gets to our targetTrade fermée: cible de profit atteinte
Happy trading :)
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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.