USD/J[Y: Bought in the smart zone

U.S. Dollar/Yen Japanese look into this opportunity. So, there're a lot potential that U.S. Dollar continue strength in front of Yen Japanese and other par.

Analyzing in H4 timeframe, Dollar still up and the last analysis, I said that a good zone could be like this. But this it's a pull back, not a bearish signal, also we would have to short Dollar in the past hour, but for me, I don't like when Dollar still in the strong uptrend. Also, another data look very optimistic in the Consumer Price Index that rose 0.6% in forecast of 3%, indicating optimistic in USD, and at favor by American consumer that this survey and economic data work to measure the consumer trend in front of inflation.

In 30 minutes look in the strong bullish envolving, what I believe that in H1 timeframe could be bullish. So, I put a buy order now in $143.26 JPY, Stop Loss to $142.52 JPY and take profit to $145.00 JPY, We see a risk/benefit 1:2. With a lot chance that Dollar continue strenght in this pull back now.

Good luck!!!

Tomorrow we have important news:

1) U.S. Core Retail Sales ***
2) U.S. Initial Jobless Claims ***
3) Philadelphia FED Manufacturing Index
4) Retail Sales

تعليق:

At the moment, we're in profit. Only still hold this long position. The only hcange it's put the Target Profit to $144.80 JPY

تعليق:

I dont closed up this trade as I believe in the true potential that this trade do as Dollar continue strenght. So we hope the next week to know and hopes that Dollar continue up. At the moment, I'm in long from $143.24 JPY. But we hope that Dollar continue bullish. I dont going to closed up any trade until reach my target. In case of any earn as loss, this will be acreditated in htis week and not from the next week when this trade it's trade by the next week.

تعليق:

In this past review in USD/JPY 🇺🇸🇯🇵 I made an analysis on September, 14, 2022 and I decide from this date to hold this potential long position in this Forex par, what I get in profit 10.66%. I hold from $143.24 JPY to $145.00 JPY. What I get in this profit on September, 21, 2022. What I hit my monthly goal over 20%. It's 25.34% on September 2022. That was incredible for me, but a hard month for me after the pass of Hurricane Fiona in my country and leave Puerto Rico without power around the island and was very hard this work without light, clean the way, cut tree and also support my community during almost 5 weeks

تعليق:

But now, I'm very good and my family and community are ok after the pass of this atmospheric phenomenon in my country living up. And now, I will return on Monday, September 17 2020 to starting in Forex market and analyze it and find up my monhtly goal in this month October 2022. Meanwhile, I will look the financial market to study how the past days that I was offline, to know understand what happen actually in our global financial market, and also in cryptocurrencies and making any update in the chart. So, it's very hard the pass of this Hurricane Fiona, but together we can to build a big community to be connected hand to hand.