The market has long priced in the rate hike

USD/JPY Discussion

You think it's gonna rally or drop?

USD/JPY Discussion

I've got shorts on the dollar. Anybody have similar thoughts as me?

USD/JPY Discussion

And its going to test 1.24!

Cable Update (GBPUSD)

The market is probably waiting for bad CPI numbers and all. It's not just JPY! Almost every major currencies are up against the USD.

Trading Made Simple

I second that man. Looks like USDJPY is gonna tank!

Trading Made Simple

I don't know what I don't know. But if I could, I want to predict the black swans, e.g. the Swiss appreciation back in 2015. That was like a 'woah' event!

What you still haven't learned

Whether a market is ranging or trending will depend on the timeframe you are trading. A ranging market on the daily timeframe may be a trending market in a shorter time frame, and vice versa. I would "detect" a ranging market when candles are longer ...

How to identify ranging market?

Steep drop, and made a huge profit out of it. I'd say wait for a correction up before continuing to short this pair.

USD/CHF

Seems like this pair just hit the resistance line from 19 June. My predictions are that it would continue to drop till the 1.5350 level.

Cable Update (GBPUSD)

Really great to be hearing all sorts of analysis from traders around the world. However, I do believe that the Aussie Dollar is bound to go for new lows. As you can see from my chart, the Aussie dollar is riding on the 3rd impulse wave down.

AUD/USD

Hey everyone. I hope you're all having a great Monday morning. Based on my personal opinions, I think that the USDCAD is bullish on the H4 chart. We can expect to take profit at 1.2770. This would be the 5th wave of the existing impulse wave.

USD/CAD

Hi everyone! Based on my analysis, I believe that USDJPY will continue its uptrend in the week ahead (6 July). The pair fell back just before the markets closed on Friday, but had a minor rebound thereafter at the 61.8 retracement level of the ...

USD/JPY Discussion