Bullish reversal in USDJPY. Long at 106. Target: 107.4 Stop : 105
BE LONG USDJPY. This is an update to earlier long. Long at 106 TP: 108 Stop 105
Short GBPUSD @ 1.3960 TP: 1.37000 STOP: 1.4050 gbpusd is banging against a descending trend line at 1.3980. It has fallen back everytime it hits it. We see the pair falling back to test previous lows.
Be long Dollar Index. It is in a retreat from 90.81 but will rocket higher once the political headwinds diie down.
Short EURUSD @ 1.2318 tp ; 1.2220 stop: 1.2354
Long EURUSD Long @ 1.2338 tp: 1.242 Stop: 1.2264 abalgorithm.com
Clear patterns of supports visible on H4 AND H1. Long EURUSD @ 1.2361 Stop 1.23 TP 1.244.
the 10 year yield is a benchmark to measure risk appetitie. The breakout in yields suggest, equity returns from henceforth will be limited.
USDJPY REMAIN SHORT AS THE PAIR IS TURNING DOWN FROM 20 DMA. NOT OVERSOLD SO LOTS OF DOWNWARD AREA. SHORT USDJPY @ 109 STOP @110.4 TARGET @ 106 abalgorithm.com
AUDUSD is a long term uptrend in play. Long at 0.7820 target 0.8500 Stop @ 0.7600 abalgorithm.com