USD to the mean with the help of Ueda's dovish remarks
Fundamentals
USD: The market sentiment changed, with declining US inflation and Fed's rhetoric of an approaching end of the hiking cycle. Thus, USD declined significantly and likely became overcrowded with bears.
JPY: Ueda's remarks - he doesn't sound like he's going to change YCC soon.
Technical & other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Up
Min. Target: Resistance, fib 0.382-0.5
USD: The market sentiment changed, with declining US inflation and Fed's rhetoric of an approaching end of the hiking cycle. Thus, USD declined significantly and likely became overcrowded with bears.
JPY: Ueda's remarks - he doesn't sound like he's going to change YCC soon.
Technical & other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Up
Min. Target: Resistance, fib 0.382-0.5
Trade fechado: stop atingido
I've moved SL to near breakeven shortly after the negative data on US housing.Trade ativo
Reentered, as the price holds above 139.Nota
Close if the US news are worse than expected + 15m full body black candle.Trade fechado: objetivo atingido
Closed manually as the market started showing the signs of 142.0 + fib 0.618 rejection.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.