How To Catch/Understand Impending Forex Reversals | EURJPY Today

31 Tem

For any Market to reverse its long term trajectory, you need to have a complete change in Market Mood / Sentiment.

This is becoming apparent on the EURJPY and other JPY pairs as prices/mood reverses.

A more hawkish JPY mixed with a more Dovish ECB, as well as other major economies may provide the means for a longer term reversal.

Potential for other measures incorped by the BOJ too.

3 Ağu

Not

Real push across Yens. JPY strength coming from a potentially more hawkish BOJ.



Support level being hit is OK. But any entries would be light.

9 Ağu

Not