Analysis U/J
Like I said in this topic: tradingview.com/v/ArPdM4fW/
U/J cross many important SMA trends : SMA50, SMA100,SMA20, even EMA50. Today U/J keeps going its trend leaving far those important supports.
Moreover, I see on the chart, U/J also breaks the bearish trend line.
I think there is no reason U/J doesnt continue current trend,, reach to next key important resistance : 100.40
That is TA
Now I talk about FA.
U/J is supported greatly by advance of Nikkei 225 and US 10 years T-Bond.
We can see the correlation between U/J and Nikkei 225 I show on the chart. Nikkei 225 bullishes, U/J bullishes too.
Nikkei moves 3% last two days, moreover, US 10 years T-Bond also reaches near 3% benchmark because possibility of Ending QE3 (taper). We heard that from Dallas Fed President Fisher yesterday.
Combine both TA and FA information, I claim that U/J would move higher to 100.40 strong resistance level.
Long U/J now.
U/J cross many important SMA trends : SMA50, SMA100,SMA20, even EMA50. Today U/J keeps going its trend leaving far those important supports.
Moreover, I see on the chart, U/J also breaks the bearish trend line.
I think there is no reason U/J doesnt continue current trend,, reach to next key important resistance : 100.40
That is TA
Now I talk about FA.
U/J is supported greatly by advance of Nikkei 225 and US 10 years T-Bond.
We can see the correlation between U/J and Nikkei 225 I show on the chart. Nikkei 225 bullishes, U/J bullishes too.
Nikkei moves 3% last two days, moreover, US 10 years T-Bond also reaches near 3% benchmark because possibility of Ending QE3 (taper). We heard that from Dallas Fed President Fisher yesterday.
Combine both TA and FA information, I claim that U/J would move higher to 100.40 strong resistance level.
Long U/J now.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.