JimmyRozza
Master Sergeant
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Would be great if you could post charts with your analysis.... Personally I really need the visuals to see what is happening
AceTraderFx: DAILY MARKET OUTLOOK on Major - USD/JPY
- Thread starter acetraderfx
- Start date
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 15: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 15 Oct2021 09:30GMT
USD/JPY - 114.13
The greenback's intra-day firm break above Wednesday's fresh near 3-year peak at 113.80 signals Medium Term uptrend remains in progress and further gain towards 114.55 would be seen after minor consolidation, however, overbought condition would keep price below 114.74/75 and yield a much-needed correction early next week.
On the downside, only below 113.22 would indicate a temporary top has been made and risk stronger retracement towards 112.80/90 before prospect of a rebound.
T.G.I.F., U.S. will release a slew of eco. data, pls refer to our EI page for details n pay attention to Sep retail sales n University of Michigan consumer confidence at 12:30GMT n 14:00GMT respectively. We also have St. Louis Fed president Bullard (non-voter) n NY Fed President Williams (voters) speaking in NY session.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 15 Oct2021 09:30GMT
USD/JPY - 114.13
The greenback's intra-day firm break above Wednesday's fresh near 3-year peak at 113.80 signals Medium Term uptrend remains in progress and further gain towards 114.55 would be seen after minor consolidation, however, overbought condition would keep price below 114.74/75 and yield a much-needed correction early next week.
On the downside, only below 113.22 would indicate a temporary top has been made and risk stronger retracement towards 112.80/90 before prospect of a rebound.
T.G.I.F., U.S. will release a slew of eco. data, pls refer to our EI page for details n pay attention to Sep retail sales n University of Michigan consumer confidence at 12:30GMT n 14:00GMT respectively. We also have St. Louis Fed president Bullard (non-voter) n NY Fed President Williams (voters) speaking in NY session.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 18: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 18 Oct2021 09:30GMT
USD/JPY - 114.28
Intra-day choppy swings after retreat from Fri's 3-year peak at 114.46 to 114.00 in New York suggests consolidation may continue before prospect of further gain, however, loss of momentum should cap dollar below 'psyhcological' 115.00 today and yield a minor correction.
On the downside, only below 114.00 indicates temporary top has been made and risks stronger retracement towards 113.64 before prospect of a rebound.
Data to be released today:
New Zealand CPI, China industrial output, retail sales, GDP.
U.K. Rightmove house price.
Canada housing starts, U.S. industrial production, capacity utilization, manufacturing output and NAHB housing market index on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 18 Oct2021 09:30GMT
USD/JPY - 114.28
Intra-day choppy swings after retreat from Fri's 3-year peak at 114.46 to 114.00 in New York suggests consolidation may continue before prospect of further gain, however, loss of momentum should cap dollar below 'psyhcological' 115.00 today and yield a minor correction.
On the downside, only below 114.00 indicates temporary top has been made and risks stronger retracement towards 113.64 before prospect of a rebound.
Data to be released today:
New Zealand CPI, China industrial output, retail sales, GDP.
U.K. Rightmove house price.
Canada housing starts, U.S. industrial production, capacity utilization, manufacturing output and NAHB housing market index on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 19: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 19 Oct2021 09:30GMT
USD/JPY - 114.02
As intra-day dollar's broad-based weakness on return of risk sentiment has pushed price briefly below 114.00 sup, suggesting recent uptrend has made a temporary top at Friday's 3-year peak and consolidation with downside bias remains for a correction, near term oversold condition would keep price above 113.34.
On the upside, only above today's 114.35 high signals pullback has ended and heads to 114.74 later.
U.S. will release a slew of second-tier eco. data n we also have a number of Fed officials scheduled to speak later today, pls refer to our EI page for details.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 19 Oct2021 09:30GMT
USD/JPY - 114.02
As intra-day dollar's broad-based weakness on return of risk sentiment has pushed price briefly below 114.00 sup, suggesting recent uptrend has made a temporary top at Friday's 3-year peak and consolidation with downside bias remains for a correction, near term oversold condition would keep price above 113.34.
On the upside, only above today's 114.35 high signals pullback has ended and heads to 114.74 later.
U.S. will release a slew of second-tier eco. data n we also have a number of Fed officials scheduled to speak later today, pls refer to our EI page for details.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 20: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 20 Oct2021 09:30GMT
USD/JPY - 114.39
Despite the greenback's rise to a fresh 3-year peak at 114.69 in Asia today, subsequent retreat suggests Medium Term upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.89 (Tuesday), however, near term loss of momentum would keep price above 113.80 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
The only U.S. eco. data due out is MBA mortgage applications, pay attention to release of Fed's Beige book at 18:00GMT.
We also have a number of Fed officials scheduled to speak in New York session, please refer to our EI page for details.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 20 Oct2021 09:30GMT
USD/JPY - 114.39
Despite the greenback's rise to a fresh 3-year peak at 114.69 in Asia today, subsequent retreat suggests Medium Term upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.89 (Tuesday), however, near term loss of momentum would keep price above 113.80 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
The only U.S. eco. data due out is MBA mortgage applications, pay attention to release of Fed's Beige book at 18:00GMT.
We also have a number of Fed officials scheduled to speak in New York session, please refer to our EI page for details.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 21: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 21 Oct 2021 09:30GMT
USD/JPY - 114.03
Despite the greenback's rise to a fresh 3-year peak at 114.69 in Asia yesterday, subsequent retreat suggests Medium Term upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.89 (Tuesday), however, near term loss of momentum would keep price above 113.80 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
U.S. will release a slew of eco. data, please refer to our EI page for details and pay attention to weekly jobless claims n leading index.
We also have Fed Gov. Waller speaking at an online financial forum at 13:00GMT.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 21 Oct 2021 09:30GMT
USD/JPY - 114.03
Despite the greenback's rise to a fresh 3-year peak at 114.69 in Asia yesterday, subsequent retreat suggests Medium Term upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.89 (Tuesday), however, near term loss of momentum would keep price above 113.80 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
U.S. will release a slew of eco. data, please refer to our EI page for details and pay attention to weekly jobless claims n leading index.
We also have Fed Gov. Waller speaking at an online financial forum at 13:00GMT.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 22: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 22 Oct 2021 09:30GMT
USD/JPY - 113.94
Dollar's rebound yesterday from 113.66 due to rally in U.S. yields to 114.20 today suggests pullback from Wednesday's fresh 3-year peak at 114.69 has possibly ended and expect range trading with upside bias, above 114.41/45 would bring re-test of 114.69, then towards 115.51 next week.
Only below 113.66 risk stronger retracement of recent uptrend towards 113.22 later.
Data to be released on Friday:
Australia manufacturing PMI, services PMI, Japan nationwide CPI, Jibun bank manufacturing PMI.
U.K. Gfk consumer confidence, retail sales, Markit manufacturing PMI, Markit services PMI, France Markit manufacturing PMI, Markit services PMI, Germany Markit manufacturing PMI, Markit services PMI, EU Markit manufacturing PMI, Markit services PMI, Italy producer prices.
Canada retail sales, U.S. Markit manufacturing PMI and Markit services PMI.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
DAILY MARKET OUTLOOK on Major
Update Time: 22 Oct 2021 09:30GMT
USD/JPY - 113.94
Dollar's rebound yesterday from 113.66 due to rally in U.S. yields to 114.20 today suggests pullback from Wednesday's fresh 3-year peak at 114.69 has possibly ended and expect range trading with upside bias, above 114.41/45 would bring re-test of 114.69, then towards 115.51 next week.
Only below 113.66 risk stronger retracement of recent uptrend towards 113.22 later.
Data to be released on Friday:
Australia manufacturing PMI, services PMI, Japan nationwide CPI, Jibun bank manufacturing PMI.
U.K. Gfk consumer confidence, retail sales, Markit manufacturing PMI, Markit services PMI, France Markit manufacturing PMI, Markit services PMI, Germany Markit manufacturing PMI, Markit services PMI, EU Markit manufacturing PMI, Markit services PMI, Italy producer prices.
Canada retail sales, U.S. Markit manufacturing PMI and Markit services PMI.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 25: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 25 Oct2021 09:30GMT
USD/JPY - 113.61
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.47 today suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
Data to be released today:
New Zealand Market Holiday, Japan coincident index, leading indicator.
Germany Ifo business climate, Ifo current conditions, Ifo expectations.
U.S. national activity index and Dallas Fed manufacturing business index on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 25 Oct2021 09:30GMT
USD/JPY - 113.61
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.47 today suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
Data to be released today:
New Zealand Market Holiday, Japan coincident index, leading indicator.
Germany Ifo business climate, Ifo current conditions, Ifo expectations.
U.S. national activity index and Dallas Fed manufacturing business index on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 26: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 26 Oct2021 09:30GMT
USD/JPY - 114.00
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.42 yesterday suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
U.S. will release a slew of economic data, please refer to our EI page for details, pay attention to consumer confidence at 13:00GMT.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 26 Oct2021 09:30GMT
USD/JPY - 114.00
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.42 yesterday suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
U.S. will release a slew of economic data, please refer to our EI page for details, pay attention to consumer confidence at 13:00GMT.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Oct 27: Daily Recommendations on Major –USD/JPY
DAILY MARKET OUTLOOK on Major
Update Time: 27 Oct 2021 09:30GMT
USD/JPY - 113.76
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.42 yesterday suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
On the data front, U.S. will release MBA mortgage applications, durable goods order, goods trade balance and wholesale inventories
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Update Time: 27 Oct 2021 09:30GMT
USD/JPY - 113.76
Despite the greenback's rise to a fresh 3-year peak at 114.69 last Wednesday, subsequent selloff to 113.42 yesterday suggests MT upmove has made a temporary top there and consolidation with downside bias remains for stronger retracement to 113.20/22, however, near term loss of momentum would keep price above 113.00/05 and yield a much-needed rebound later this week.
On the upside, only above 114.69 would revive bullishness for one more rise towards 115.00/10 before correction occurs.
On the data front, U.S. will release MBA mortgage applications, durable goods order, goods trade balance and wholesale inventories
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
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