Hello traders, here comes today's trade in USD/JPY.
Fundamentals: Broad USD weakness and Yen strength this morning, pushing pair lower. USD weakness ahead of FOMC and stimulus hopes.
Intermarket: 2-year yield differentials pointing lower since Asia session. Nikkei 225 lower, pointing at JPY strength.
Sentiment: JPY one of the top performing currencies in the last hour and last day. Risk sentiment mixed to risk-off, pushing USDJPY lower.
Technicals: Pair retraced near the 61.8% Fib level and pushed lower on rising selling volume. We are short USD/JPY since the London session.
Fundamentals: Broad USD weakness and Yen strength this morning, pushing pair lower. USD weakness ahead of FOMC and stimulus hopes.
Intermarket: 2-year yield differentials pointing lower since Asia session. Nikkei 225 lower, pointing at JPY strength.
Sentiment: JPY one of the top performing currencies in the last hour and last day. Risk sentiment mixed to risk-off, pushing USDJPY lower.
Technicals: Pair retraced near the 61.8% Fib level and pushed lower on rising selling volume. We are short USD/JPY since the London session.
Trade closed: target reached
Wonderful trade!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.