Longterm Yen Bottom - Defensive PlayI think this is a major turning spot for equities/crypto/gold and people should pile into YEN. I think YCL (2x yen) or whatever other instrument you want to use bullish Yen is at an amazing longterm play here.
Contract highlights
Bullish Yen Futures Trade IdeaOn the current chart, Yen futures are showing early signs of strength, supported by a weaker dollar environment and potential risk-off sentiment. After consolidating at a key support level, bullish momentum appears to be building, suggesting a possible continuation toward the next resistance zones.
Bullish Yen Futures Trade IdeaLooking for upside in yen futures as safe-haven demand increases. Persistent global uncertainties, alongside moderating U.S. economic momentum, could drive buyers into the yen, positioning it for gains
Bullish Yen FuturesExpecting yen futures to push higher as market sentiment shifts toward safe-haven assets. Current global uncertainties and yen strength indicate potential gains, with targets set at recent resistance levels. Stops are set below nearby support to manage risk on this move.
What October 25th's Options Portfolio Tells Us About the YenOur analysis of options portfolios from October 25th revealed a Straddle setup on the Japanese yen futures, with a short expiration date set for November 1, 2024. Now, this isn’t exactly a rare sight for the yen; these Straddle portfolios pop up pretty regularly, especially when we’re looking at sho
REASON TO BUY JPY PAIRSAs we can see japanese yen is heading to the downside after break desceding triangle pattern as a sing of bearish momentum.
JPY Faces Further Downside as DXY Surges on Powell's RemarksThe US Dollar Index (DXY) has risen sharply, nearing the 101.00 level, in response to recent comments made by Federal Reserve Chair Jerome Powell. Powell’s remarks signaled that while the Fed remains cautious about future rate cuts, any adjustments would be gradual, contributing to the strengthening
6j Yen Short SwingsI have been watching the Yen carefully since July. This upswing has provided a healthy reset but current price action represents the tide turning back to the short side which fundamentally supports Japans struggle to maintain currency value. The risk/reward makes sense to me and I'm actively watchin
GJ (GBPJPY) IS GOING SUPER LONG!! DONT. MISS. THIS. MOVE!!Please watch and dont miss this great move on GJ. There are so many great reasons why GBPJPY is ready to go long. Watch this video
WEEKLY FOREX FORECAST SEPT 23-27 USD EUR GBP AUD NZD CAD CHF JPYThis is Part 2 of the Weekly Forex Forecast for SEPT 23-27th.
In this video, we will cover:
USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
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May profits be upon you.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Micro JPY/USD Futures (Sep 2024) is Sep 16, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro JPY/USD Futures (Sep 2024) before Sep 16, 2024.