Detail Analysis and Forecast On the current JPY's Price Action

19 May 2021

Hello everyone:

Many have asked me about what I think about the current JPY markets, so I figure a quick analysis and forecast on all of them would be the best way.

I did go over them in today’s midweek market updates, but let's take a look at them more closely here.

Remember, these JPY pairs need to develop the bearish continuation corrections on the lower time frames first before considering the entries.
In addition, it's best to choose and filter out the best pairs to get in, as entering all of them won't make sense from a risk management view.

Any questions, comments or feedback welcome to let me know :)

Thank you

19 May 2021

Not

GBPJPY


EURJPY


CHFJPY


CADJPY


AUDJPY


NZDJPY


USDJPY