USDJPY a safehaven currency in these volatile times
With the Nikkei 225 and Hang Seng starting off the week in the red, I expect at least a moderate selloff in NY tomorrow. The SP futures are currently in the red as well so I am fairly confident in shorting UJ with the expectation for capital to flow into yen seeking a safe haven currency for now.
*I tried shorting it as I planned in my previous idea for a short setup on UJ but was stopped out. The price action looks more favorable this time. Either way I see it as a sound technical and fundamental trade until the economic climates change.
*I tried shorting it as I planned in my previous idea for a short setup on UJ but was stopped out. The price action looks more favorable this time. Either way I see it as a sound technical and fundamental trade until the economic climates change.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.