Sellsignal
USD/JPY: 12/05. Bear attack, ENTRY SELLUSD/JPY hovers around 134.780 early Friday as it struggles to defend the previous day's bounce from a one-week low.
The recent escalation of market concerns around the expiration of the US debt ceiling and the collapse of the bank, seems to allow the US Dollar to prepare for its first weekly gain in three weeks while pushing US Treasury yields fell for the third straight week. Given this, USD/JPY's hesitation seems justified amid a mild calendar at home. OANDA:USDJPY
EURO/USD price is below 20, 50, & 100 EMA Currently Euro/usd price is below 20, 50 & 100 Exponential Moving Average which indicates the chances for short in 4 hours time frame, further today news for Core PPI and Fomc may direct the market for a long term momentum in short.
The US Dollar (USD) is the world’s dominant currency and the Euro (EUR) is the second most-traded.
As a result, business in EUR/USD accounts for almost a quarter of trading in global foreign exchange markets according to the BIS triennial report, which covers institutional trading.
EUR/USD is a highly liquid pair.
EUR/JPY: 11/05. Expectations for SELL BREAKOUT BEFORE PPI NEWSEUR/JPY has printed consecutive bearish sessions breaking last year's high of 148.48, extending its losses past the 18-day Exponential Moving Average (EMA). The evening star three candlestick pattern shows that further downtrend is expected. But the Relative Strength Index (RSI) indicator remains bullish, while the 3-day Rate of Change (RoC) depicts the momentum sellers are gathering.
If EUR/JPY falls below the current week low of 147.02 and the RSI breaks through the 50 moving average, it will exacerbate the decline of the 50-day EMA at 146.00. A decisive break will reveal the right price to enter a sell point at 146,800 today.
Conversely, if EUR/JPY recovers and confirms the 20-day EMA, it can move above the 148.60 mark. Once cleared, the next stop would be last year's high of 148.50, followed by the 150.50 figure. OANDA:EURJPY
#EURUSD SHORTDear friends and companions:
In the 4-hour time frame,The bottom of the ascending channel has been broken and after the pullback to the bottom of the channel, it will continue the specified downward trend. The divergence between the RSI and the price chart is evident.If you like my analysis, please like and follow me.
📈Update on "BTC fake bullish Idea"📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous ETHUSDT analysis and positions.
Bitcoin can first test the yellow area, then return to levels below 28,000 with more supply pressure.
Don't forget to risk-free your position.
The sell pressure is due to the sudden spike in BTC transaction fee and two pauses of BTC withdrawal in Binance.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌