Giuseppe Basile, CSTA/IFTA
FibStalker Trading
Summary: USD/JPY has continued it's move lower started 7 sessions ago and hit targets just at the open of the FXS Tokyo Session open. That move is now ended, even though the market could continue lower.
In the room we have reviewed GBP/JPY still on it's way lower into 156.40 area (this will take a few weeks).We also mentioned our trades long taken in the US session on USD/CAD (add) and EUR/USD (new entry).
Particularly we plan to bring EUR/USD higher into 1.380 area.
Dollar index is move lower into the area 94.50 which has been tested 5 times already (6th test on its way).
Finally, I like NZD/USD which could offer an opportunity at the mid/end of week at 0.65482 for a 300pips move and, long-term a move into 0.7520 area.
See you tomorrow at the FXS Tokyo Open Room at 8.00PM EST sharp.
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Come daily to Live Video and chat with experts and traders.
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In the room we have reviewed GBP/JPY still on it's way lower into 156.40 area (this will take a few weeks).We also mentioned our trades long taken in the US session on USD/CAD (add) and EUR/USD (new entry).
Particularly we plan to bring EUR/USD higher into 1.380 area.
Dollar index is move lower into the area 94.50 which has been tested 5 times already (6th test on its way).
Finally, I like NZD/USD which could offer an opportunity at the mid/end of week at 0.65482 for a 300pips move and, long-term a move into 0.7520 area.
See you tomorrow at the FXS Tokyo Open Room at 8.00PM EST sharp.
-----
Come daily to Live Video and chat with experts and traders.
-----
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