As we approach the end of the month I am looking for signs of Yen strength as traders need to take profit as we head into Jan for tax purposes. Note that the exact date is 1 Jan though I am paying attention to price action in the meantime in case some traders are getting out early. Still some time for some of them to move a little higher though maintaining my bias none the less and keeping an eye on key levels of resistance and price action. An indication of bearishness and I am selling.

USDJPY Daily

USDJPY H4

GBPJPY Daily

GBPJPY H4

EURJPY Daily

EURJPY H4

AUDJPY Daily

AUDJPY H4

NZDJPY Daily

NZDJPY H4

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.