Just made a chart to combat the bulls in here. Looks like a definite down to me. Prove me wrong. JXY DXY Be cautious bulls.
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
preparing for a Big SELL YUHUGE! first we will wait 106.200 If it crosses below that We SELL!! But don't take the Trade until it hits that Level, If it doesn't cross 106.200 Don't short this, Money Management Is Key remember! Trailing stop anything below TP2
short : 104.13 stop : 104.50 take profit : 103.15 R/r ratio : 2.57
Last week bulls tried to make a recovery and pull price up from support and past the next support but failed. Bears were able to hold the 38.2 retracement as well as well as bringing price back down into major support area (101). as price continued into this area we can see it touch the demand zone and make another reversal up but bears once again were able to...
Here we have some very simple USDJPY analysis. I have a bearish bias on this pair however due to price sitting at around support currently I have provided a long scenario target. As we can see from the analysis USDJPY has successfully broken below what was a Major Monthly Ascending Trendline. The short term trend is also bearish on this pair. Taking all this...