I am a bull on all Yen pairs based on seasonality and with the 10 Y note falling and Gold also coming down. This gives Yen Bears extra confidence to sell Yen.
price is at the WM3 which ia sell zone but bears need to be careful because of the series of higher highs and higher lows on the H1 time frame
The H1 shows a developing up trend and as a bull on NZDJPY i want to buy higher lows
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About The Forex Analyst
Graduate in Bcom Human Resources Management. I have been operating in the markets for almost 2 years and still learning everyday analysing the markets and taking trades when conditions are met. I am currently a student at the University of Johannesburg studying Finance and Investment Management, I am a full time trader and market analyst using technical analysis and fundamental analysis. Currently improving my skills as a professional and consistent trader, building a track record of success in the markets.