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JPY Trading Outlook Archive

Japanese Yen (JPY) Trading Outlook (13-03-2015)

March 13, 2015

USD/JPY & Tsy yields sank following the huge downside miss in US Retail Sales, but buyers were ready to scoop up that discount to 120.655 (just below the Tenkan & 50 % of the Mar range at 120.71). A big drop in Jobless Claims and… Read more

Japanese Yen (JPY) Trading Outlook (12-03-2015)

March 12, 2015

Dax (Eurex) 11/03/2015 12:52 Trend daily chart (=) Trend weekly chart (=) Dax‏ (Eurex)‏ (H5) Intraday: the upside prevails. Pivot: 11550 Our preference: Long positions above 11550 with targets @ 11800 & 11900 in extension. Alternative scenario: Below 11550 look for further downside with 11400… Read more

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