BOJ intervened for the first time since 1998, to prop up it's the YEN, with some speculation they likely sold a lot of their massive reserves of long end (10-30 year) US T Bills to buy back the Yen. This hypothesis appears supported by the lack of short end yield movement at 4-5a, EST at time of BOJ intervention announcement late last week. Of note in this chart...
According to the previous analysis, we mentioned the falling trend of gold, which has now reached its important support floor. Currently, in case of support, we expect the price to increase and the downward trend to break, otherwise we will continue the downward trend. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
just follow with us on the JAPANESE YEN FUTURES- first chart ever :-) news for today : 1. Wall Street opens higher after Trump signs $900B aid package Wall Street is opening higher after President Donald Trump signed a $900 billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new...
My favorite formation. Although this in only within a small channel. There may be a nice trade setting up. In the past I thought I had missed it. Two ways to trade. Buy the retracement or wait for it's completion then sell if it meets your trading goals. Protect then profit.
After an impressive 8.3% rally, the Nikkei 225 is hitting the daily long-term downtrend line.Watch price action here. Be ready to short JPN 225 and USDJPY. I have not opened any positions yet.