Mt.BFX

USDJPY Cup and Handle - 3 year view.

Alış
Mt.BFX Güncellendi   
FX_IDC:USDJPY   ABD Doları / Japon Yeni
20
116-118 will be a lot of choppy stalling with potential downside of 110.
Lower break will send UJ to 105.5 but I doubt it happening if dollar strength is real. Current OIL and DXY have come to a decision point to find out which is the true strength, my money's on Dollar.

Break below 99 will invalidate this idea.
TP 1 - 125
TP 2 - 130
TP 3 - 135
TP 4 - 140




Things to consider:

Sovereign bond crisis.
Bond capital flight into shares and commodities.
China housing and debt crisis.
European debt crisis - Italian bond and banking crisis.
European Union uncertainty - Further boosting of DXY from decline is EUR and GBP strength.
Japan stimulus and requirement of weak exchange rate. Upward momentum more likely due to favorability of a deflationary export nation.
İşlem aktif
Yorum:
What a rather large handle.
Yorum:
Target Reached, crazy times
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.