JPY pairs Weekly Outlook and Trade Setups

I was actually asking yesterday what caused this sweep in usdjpy and gbpjpy I have checked and can't really know

Sincerely I thank God I made the decision of closing @10k if price reversed since it was a multiple entry, because I noticed price closed back into London mid range but didn't break below London low, so from experience I knew that anything can happen, if you check ustech it continued higher because NY session broke above London and didn't reverse. Marked the 4hr candle that made the reversal

This is crazy!

I don't just like JPY pairs

Leave that pair abeg 😂

When there's setup on it you'll definitely see it. For now keep an eye on it

Price is still very much bullish

Just scout for buys, only when you see one sha

UJ- on a pullback. Let's hope it gives a clean retest, not wick the zone.

Once it starts this pattern of big momentum candles and little corrections to fill it up, it's always annoying.

JPYs are actually one of my best, cause they are trendy, and good for swings.

😂😂😂

Just pray that NFP favors you

You'll hardly find any setup in such scenarios

True though but It seems those pairs are after my life

Gold always require close observation, especially at this kind of critical zone it is right now. Good you closed out. I'll just be waiting for it tomorrow at the 4000 price region.

There was no major news release to attach the cause to it. I took it for a normal NY-session Open market reaction. same thing happened today again.

There was no major news release to attach the cause to it. I took it for a normal NY-session Open market reaction. same thing happened today again.

That zone should decide the next move. If Gold holds around 4000 with bullish confirmation, but I will be looking closely at 3970 level too incase of a test because of NFP

Usdjpy just pulled a bearish leg , confirming that dollar is becoming very weak

On UJ today- Price made a drop back to 161.00-160.60 Major Support region. to confirm the retest is solid,I'll love to see a double bottom at the region. Otherwise i'll be expecting a further downside.

Yeah. I'll be expecting DXY to resume buys next week, except it breaks below 100,350-100,000 major support region.

Gold retested the trend channel it broke out from, instead of the 4000 price level.

yeah. You're right. I'll be watching for either of this scenario GJ next week.