No idea is the honest answer However, I would be interested in longs following any strong bullish price action on the daily timeframe. A pullback to 80.00 or below would be ideal for a setup.

USDJPY-EURJPY-GBPJPY + all JPY pairs

Gold has taken out the key low from last week. The strong bearish day on the 29th was largely due to dollar strength. The breakout of double inside days to the downside earlier this week was another heads up that the greenback could be seeing a ...

Price Action Trading - Cross Currency/Market Analysis

I created another thread for discussion of all currencies/markets so we can keep this one focused on the JPY. cheers

USDJPY-EURJPY-GBPJPY + all JPY pairs

USDX The USDX gave a strong signal hinting towards broad based dollar strength recently. See attached chart. This came after the EURUSD gave a bearish engulfing candle as did Gold and gave additional confirmation on the respective markets. More ...

Price Action Trading - Cross Currency/Market Analysis

Place holder — Place holder - Reserved for future use

Price Action Trading - Cross Currency/Market Analysis

We all need luck but you did call it regardless

USDJPY-EURJPY-GBPJPY + all JPY pairs

Hi, No problem - I tweeted this one today. Chart attached.

USDJPY-EURJPY-GBPJPY + all JPY pairs

Price now at 80.97. Good call.

USDJPY-EURJPY-GBPJPY + all JPY pairs

Your PA is at the 61.8% ret as well

USDJPY-EURJPY-GBPJPY + all JPY pairs

Hi FXM - Cheers, please do post your analysis here when its convenient for you.

USDJPY-EURJPY-GBPJPY + all JPY pairs

Looks like we could see some consolidation on the Yen pairs or perhaps even a retrace. There are better opportunities out there for now imho including this one earlier today on EURUSD.

USDJPY-EURJPY-GBPJPY + all JPY pairs

EURUSD Confluence Area — This confluence area worked out nicely. Price may still see further upside but the level has certainly served its purpose. One of the best areas of confluence I have seen in a while. Click the chart for a better view.

EURUSD

JPY large speculators are now net short on the Japanese Yen CME.

USD/JPY Discussion

Japanese Yen large speculators now net short. The Non-commercial group is now net short on the Japanese Yen (CME). These large speculators are typically the hedge funds and large institutions who trade currency futures for speculative purposes.

USDJPY-EURJPY-GBPJPY + all JPY pairs

I am bearish Yen but would be looking for a pullback if not already in a position or a quality consolidation breakout setup if looking to buy highs on the likes of GBPJPY. Going off recent strength alone I would rather be long GBPJPY than EURJPY for ...

USDJPY-EURJPY-GBPJPY + all JPY pairs

No surprise that price stopped and finished the week at the highlighted technical confluence level from post 10 earlier this week. The question is will price see a correction going into the new week? I do know that petrol and diesel prices hit ...

USDJPY-EURJPY-GBPJPY + all JPY pairs

Nice post. The shift in sentiment, by large speculators, on the back of the information you highlight is exactly why this thread has been created. I will always use price action confirmation to enter a trade - whether this be a bounce of highly ...

USDJPY-EURJPY-GBPJPY + all JPY pairs

Dollar (USDX) Price Action — The dollar index is supportive of further USDJPY upside. As soon as I identified this bullish price action on the USDX earlier this week there was no way I would sell the dollar. There is a lot of noise around ...

USDJPY-EURJPY-GBPJPY + all JPY pairs

Weekly close above Kumo - USDJPY — Weekly close above Kumo Additional weight to the current UDSDJPY strength can be seen as price is now above the cloud and could be closing there unless there is a drastic reversal today. Look back at the ...

USDJPY-EURJPY-GBPJPY + all JPY pairs