CADJPY is at major resistance level which hasn’t been broken since 2017.
That major resistance is still in play, maybe we get a small pull back here then bust through
Running a bit late
looks like a mixed day,
America might be falling apart but the markets don’t seem to care
This book is something else…it is quite difficult to read.
Big up day for Yen pairs
Stocks are having their best day in a month
Then this article shows up just as the buy the dip traders ( I am one of them) is being well rewarded today
Another big day, CADJPY up now 300 pips, ( did someone say CADJPY was at major resistance)
We have not seen moves like this in a long time, this is what makes currency trading fun
GBPJPY is a pips beast. It moves insane pips even on a Friday.
That is why holding it is called “riding the dragon”
Looks like another strong move to finish off the week, look at your weekly charts, we have not seen moves like this in a long time, now the question is, is there more to come or are we seeing a blowoff move. The last candle in a big move is usually the largest and this one is pretty large
Your boss could be a member here. It could be me…
Aye aye Many bosses here, but the greatest is captain Dennis aka strong/weak
Very cool mate
I was up a big 8 percent last week being up the yen pairs …took profits last week I will reevaluate.
We have all three risk-on currencies now leading the way. If you are not already in and have locked in some profits you don’t want to be the last one at the party and have to clean up
Are the 2020’s going to look like the 1920’s , so far it is shaping up that way, Just remember how that ended and watch your back
In my analysis, the AUD was the big winner really moving up so it may be one to keep an eye on and yen of course was a big fat loser!!!