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EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

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Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead
2021-04-11 00:00:00
US Dollar Fundamental Outlook Hinges on Treasury Yield Volatility
2021-04-10 22:20:00
Oil - US Crude
Mixed
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of clients are net long.
of clients are net short.
Long Short

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Oil Q2 2021 Technical Forecast
2021-04-09 15:30:00
Gold and Crude Oil Prices May Fall into the Weekend, Eyes on US PPI after Chinese Beat
2021-04-09 05:00:00
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of clients are net long.
of clients are net short.
Long Short

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Dow Jones, Nikkei 225, ASX 200 Outlook: Bank Earnings in Focus as US Stocks Hit Records
2021-04-12 01:00:00
Markets Week Ahead: Dow Jones, S&P 500, Bonds, Gold, NZD, RBNZ, Bank Earnings
2021-04-11 16:00:00
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of clients are net long.
of clients are net short.
Long Short

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Markets Week Ahead: Dow Jones, S&P 500, Bonds, Gold, NZD, RBNZ, Bank Earnings
2021-04-11 16:00:00
Gold Weekly Forecast: Gold Prices Preparing for a Break Out?
2021-04-10 20:00:00
GBP/USD
Bearish
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of clients are net short.
Long Short

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British Pound (GBP) Fundamentals Remain Positive Despite Sterling Drifting Lower
2021-04-09 16:00:00
GBP/USD Technical Outlook - Support Under Pressure as US Dollar Firms
2021-04-09 10:45:00
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

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Japanese Yen Technical Analysis: USD/JPY at a Big Spot for Directional Themes
2021-04-10 04:00:00
USD/JPY Breakout Potential: Q2 Top Trading Opportunities
2021-04-09 09:00:00
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  • Dow Jones, Nikkei 225, ASX 200 Outlook: Bank Earnings in Focus as US Stocks Hit Records https://www.dailyfx.com/forex/market_alert/2021/04/12/Dow-Jones-Nikkei-225-ASX-200-Outlook-Bank-Earnings-in-Focus-as-US-Stocks-Hit-Records.html https://t.co/lGG8J2ntXT
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200 Day Average Easily Overcome in Dollar-Yen

200 Day Average Easily Overcome in Dollar-Yen

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly Bars

eliottWaves_usd-jpy_body_usdjpy.png, 200 Day Average Easily Overcome in Dollar-Yen

Prepared by Jamie Saettele, CMT

A regime change seems to have taken place in the USDJPY. Price is up nearly 3% for the month which would be the largest 1 month rally since November 2010 (if the month ended today). Some consolidation is probably in order following today’s sharp advance. Expect support at 7800/30. Things should get interesting if price can push above the October 31 high at 7953 (and long term resistance line). Strategically, it is best to continue moving up the stop (move up from 7670 to 7735).

Bottom Line – long, stop 7735, target open

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