Momentum 6J1Clear Momentum on 6J1 with an observable break of the support at 0.0091420. Maybe the trade of the day.
J71! trade ideas
6J, Waiting for the break of equilibriumJapanese Yen Future is in equilibrium, It means that in that zone, no trend or signal for a specific trend is clear.
So, we will wait for a huge volume so that the 6J could break the equilibrium and increase, otherwise, it will continue with a small variation inside this range
Yen Japonais 6J futures opportunity sell
the market will experience a bearish trend a good trad of the day
signal sell
Yen japonais 6J opportunity sell trading correct signal sell opportunity sell yen japonais futures
the market will experience a bearish trend a good trad of the day
JAPAN YEN FUTURES 6J opportunity buy a strong upward trend in this market so an increase we will buy
6E JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)6E JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
WAIT PULLBACK ON RESISTANCE - 6J1! JAPANESE YEN TRAPPED IN RANGEThank you for your likes! Really appreciated! Thank you to share with everyone in the community.
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The market is trapped in a range . Wait for a break of the support/resistance.
The resistance has been tested several times . this has increased the probability of seeing a pullback
happening again at that price level.
Solution:
- Wait for pullback on resistance or break of support before entry.
-If you are already in, take your profits when possible and wait strong signal to enter again.
Break out in Yen above .00094000.We have an ascending triangle that is poised to continue the bullish pattern that has been established. May take a couple of days to weeks to play out. Bought the June 6J Futures, sold the September 6J futures.
BUY JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)BUY JAPANESE YEN FUTURES stop lose 0.0092705 and take profit 0.0094520
6JShort Term Higher
Long Term Swing Idea
If close below the green line extreme rotation lower expected
SMS Trade Update - JY Short Stops Moving DownOur short position in the Japanese Yen continues to trend. Stops are moving down to 9323.
Japanese Yen Bottoming? Negative News Ahead?The Yen futures are at a very big flip zone as can be seen on the daily chart. On the 4 hour, we have had multiple swings lower, and that trend seems to be exhausting.
We had a fake out candle, indicated by the large wick, which is CONFIRMED due to the break and close above it.
Expecting to see some sort of pattern here, perhaps a head and shoulders.
The Yen is seen as a safe haven currency. Mainly because the Japanese government is seen as stable, and the fact that the Japanese have the highest savings of the western allied orientated nations. The Yen is backed by savings.
If we do see a move up here on the Yen, you must consider the possibility of some sort of negative news. Perhaps about the Coronavirus being worse than admitted by the Chinese. This is likely. I do not trust Chinese economic data, nor would I trust their data on the virus.
So we may be setting up for a pullback in equities on this news maybe which will come out next week. Just seeing the cycles of the chart.
So some pairs that look interesting:
EURJPY may trigger here on the daily candle break today.
CHFJPY may not trigger until next week.
USDJPY interesting on the 4 hour, but not the best looking trend that I look for.
Other yen pairs remain below their first lower high swings on the daily charts.
