USD/JPY and AUD/USD Forecast September 2, 2020

by birtanpublished on September 18, 2020

from daily forex this is chris taking a look at the dollar yen and as you can see pretty choppy day um the dollar reversed we actually were pretty negative not necessarily in this pair but a lot

Of other ones and then we formed us dollar strength towards the end of the day quite drastically so that's worth paying attention to nonetheless i think this pair is going

To be a little bit of an outlier we have two very loose monetary policies being conducted i look at this as 107 106 and 105 as your levels we're just simply banging around in

These areas and i think short-term trading is the way to go here i'm not a big advocate of short-term trading but clearly that's what we've got

If we break down below 105 then we'll go looking towards 104 and a third followed by 102 all of which have been important in the past if we break higher then it's not really until we clear 107

And a half but i think you could start to to think about buying i still prefer shorting that's not really the question here it's just can i get an opportunity to short up here or will we

Short here you can find that answer on the 15-minute chart over here the aussie has given up gains to form a very ugly shooting star this is what i was talking about you see this

In the euro and the pound as well i think it's very likely we pull back probably got a little overextended before we rally again jobs number coming out on friday might have people nervous who knows we

Just were overextended and that's really all there is to it so nice pullback should be coming that pullback should end up being a nice buying opportunity you

Related Videos

from daily forex this is chris taking a look at the uh bitcoin market here you can see that we have uh found the market to be bullish we have broken above the ...
from daily forax this is chris taking a look at the um us stock indices this is the s p 500 and you can see that the s p 500 has uh rallied quite a bit did pul...
Hi this is vlad from effects empire euro dollar failed to settle above the resistance at 1.1870 and is trying to get below the support at 1.1830 if this attempt...
from daily forex this is chris taking a look at the uh crude oil marking cwti has gapped a little bit lower and then basically did nothing so uh at this point ...
from fx empire this is chris taking a look at the euro dollar and you can see that we are reaching above 118 as new york gets on board and perhaps trying to ma...
from daily forex this is chris taking a look at the euro and the pound you can see the euro has fallen a bit during the trading session here on friday as there...
Hi this is vlad from effects empire silver is currently trying to settle above the nearest resistance level at 23.30 if this attempt is successful silver will g...
from daily forex this is chris taking a look at the gold and silver markets you can see gold has smashed into this little short-term downtrend line that i have...
from fx empire this is chris taking a look at the british pound japanese gen pair you can see we shot straight up in the air and uh slammed into 136 but at thi...
from daily forex this is chris taking a look at the west texas intermediate crude oil market and as you can see we have a little bit of stability here it looks...
from daily 4x this is chris i'm taking a look at the indices and the e-mini contracts in america this is the s p 500 you can see that we have fallen a bit ...
from daily forex this is chris taking a look at the us dollar japanese yen and the aussie dollar the dollar yen as you can see continues to kind of chop around...
from fx empire this is chris taking a look at the dollar yen weekly chart you can see that we are dancing around 105 at this point if we rally 106 is an area i...
from daily forex this is chris taking a look at the wti crude oil market you can see that we have rallied a bit during the trading session here on wednesday yo...
from fx empire this is chris taking a look at the euro dollar weekly chart you can see that we have a slice through 117 on the weekly time frame now it looks l...
from daily forex this is chris taking a look at the um euro and the pound and you can see that the euro did rally a bit during the training session a lot of th...
good morning this is bob mason from fx empire and welcome to the daily crypto tech review we'll be looking at bitcoin ethereum litecoin and ripples xrp the ...
from daily forex this is chris taking a look at the s p 500 you can see we've rallied quite nicely during the trading session um but uh really at this poin...
from daily 4x this is chris taking a look at the dollar yen and the aussie dollar pairs you can see the dollar yen has broken down a bit during the uh trading ...
from fx empire this is chris taking a look at the s p 500 you can see that we are reaching towards 3200 an area that has previously been resistance and now is ...