YEN pairs across show a significant Bullish up by few hundred pips due to Dollar strength . Carry trader will look for opportunity to long again if today NFP present any significant pull back.
Scan YEN Daily ( 2 Sep , 2016 )
ALL show sign of rejection on yesterday Daily candle . If it Pullback after NFP today . It is an opportunity for Bull to buy again
USDJPY Daily ( 2 Sep , 2016 )
Bull will look for pullback to 38.2% to 50% about 102 to 101.5 to buy using 15M for more precise entry
EURJPY Daily ( 2 Sep , 2016 )
EUR is weak and JPY is weak then nice ranges trade 115 to 112
GBPJPY Daily ( 2 Sep , 2016 )
GBP is weak and JPY is weak a 800 pips range trade 138 to 130
AUDJPY Daily ( 2 Sep . 2016 )
Carry trader bull will look for new entry at pull back to 77 area
NZDJPY Daily ( 2 Sep , 2016 )
a nice pull back to about 74 will be buy opportunity again . set an alert to be ready by then using 15M to fine tune entry .
CadJPY Daily ( 2 Sep , 2016 )
CAD is slightly stronger then Yen there is a potential once the oil price reach bounce up area , use 15 M to fine tune entry.
About The Post
About The Forex Analyst
Daniel is full time technical analyst for forex.today base in Singapore. He is specialize in Asian Mayor currency JPY , Aud and NZD.