USD/JPY starting bullish 4hr trend?Small drop before market close, and I think it's heading back up to previous support.
Usdjpybullish
Let's make some money boysThe case for USDJPY longs is strong:
1) Strong support area
2) Strong correlation with 10Y yield differential (shown in white). This differential should increase dramatically in the next few weeks/months.
3) Speculative interest is no longer at its highest levels.
4) Other risk assets (e.g. equities) remain well supported.
The market can remain irrational for longer than 'makes sense'.
However these are the opportunities to make real money.
USDJPY @ monthly @ its time 2 come back before 07 highs bulls !?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
USDJPY Long (weekly analysis) 17 October 2016USDJPY weekly analysis 17 october 2016, long position .
Long position : 102.03
Stop loss : 100.66 (137 pips)
Take profit : 106.45 (442pips)
R/r Ratio = 1 : 3.22
