What do the monthly charts say?
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Tag - jpy - japanese yen
Trading plan for January 4
Forex market started 2019 with extremely high volatility…
Japanese yen goes up as traders stay cautious
On Friday, the Japanese yen managed to go up due to the fact that market participants looked for protection against volatile stock moves…
News to trade on December 27
Read the important updates for today!
Trading plan for December 27
Find out how to trade EUR/USD and USD/JPY ahead of the CB consumer confidence release!
EUR/JPY: short-term upside
EUR/JPY has reached the support line connecting 2018 lows and the lower weekly Bollinger band in the 125.50 area.
USD/JPY: the greenback is weaker
On the daily chart of USD/JPY, bears managed to reverse the uptrend due to the implementation of the "Three Indians" and "Spike and Ledge" patterns' combination.
EUR/JPY: let's sell the euro
On the daily chart of EUR/JPY, the implementation of the "Spike and Ledge" pattern, in particular, the fall of the pair below the lower border of the "ledge" between the 127.6 and 129.25 levels, made the pair reach the 88.6% target of the "Shark" pattern.
Japanese cabinet is ready to tame yen volatility
On Tuesday, a Japanese official told that volatility was going up in the foreign exchange market and the Japanese cabinet is geared up towards taking all the necessary steps if the market gets excessively erratic…
Investing in 2019: which assets will outperform?
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
Top events this week will bring us
This week brings us not so many important events in the market due to the central banks’ holidays. However, there are still some opportunities for trading!
Trading plan for December 24
Trade signals for December 24
